Welcome to our dedicated page for Vicor news (Ticker: VICR), a resource for investors and traders seeking the latest updates and insights on Vicor stock.
Vicor Corporation designs, develops, manufactures, and markets modular power components and complete power systems based on patented technologies. Its power products serve OEM, ODM, contract-manufacturer, and other users in enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, vehicles and transportation, and aerospace and defense electronics.
Company news centers on quarterly operating results, product and royalty revenue, licensing income, IP licensing for high-density power system technology, and demand across high-performance compute, automatic test equipment, industrial, aerospace, and defense applications. Updates also discuss CHiP manufacturing capacity, Vertical Power Delivery technology, and participation in investor conferences.
Vicor Corporation (NASDAQ: VICR) announced its membership in the Global Semiconductor Alliance (GSA), enhancing its position in the semiconductor industry. This membership underscores Vicor's leadership in Power-on-Package technology, which optimizes current density for applications in AI and high-performance computing. Additionally, Vicor's involvement in the GSA Automotive interest group highlights its advancements in vehicle electrification through innovative power modules that provide significant size and weight advantages.
Vicor Corporation (NASDAQ: VICR) announced that its 2020 Annual Meeting of Stockholders will occur via audio webcast, as previously stated on June 4, 2020. The virtual meeting will be hosted by Computershare, and participants must access the meeting by 8:45 am on June 26, 2020, using the link provided. Attendees need to register by June 19, 2020, to vote or ask questions; otherwise, they will be in listen-only mode. Post-meeting, an audio replay and presentation materials will be accessible on Vicor’s Investor Relations website.
DLA Piper has represented Needham & Company, LLC as the underwriter in Vicor Corporation's public offering of common stock, raising US$115 million. Vicor, known for high-performance power components, plans to utilize the proceeds for expanding manufacturing facilities and general corporate purposes. Needham acted as the sole book-running manager for this offering. The DLA Piper team included John J. Gilluly III and other key members, highlighting the firm's expertise in capital markets transactions within the technology sector.
Vicor Corporation (NASDAQ: VICR) has successfully completed a public offering, raising approximately $109.8 million in net proceeds after the underwriters exercised their option to purchase additional shares. The offering was priced at $65.00 per share, with the total raised from the offering amounting to $115 million. Vicor plans to utilize these funds to expand its manufacturing capabilities and for general corporate purposes. The offering was registered under an automatic shelf registration statement effective upon filing.
Vicor Corporation (NASDAQ: VICR) announced a public offering of $100 million in common stock at $65.00 per share, with an additional 30-day option for underwriters to purchase up to $15 million more. The offering is set to close on June 15, 2020, pending customary conditions. The net proceeds will support the expansion of manufacturing facilities and general corporate purposes. Needham & Company is the sole book-running manager, with Craig-Hallum Capital Group as co-manager. The offering follows an automatic shelf registration statement filed on June 9, 2020, with the SEC.
Vicor Corporation (NASDAQ: VICR) announced a proposed underwritten registered public offering of its common stock. The company intends to grant underwriters a 30-day option to purchase an additional 15% of the shares offered. Proceeds from this offering will be used for manufacturing facility expansion and other corporate purposes. The offering is subject to market conditions and follows a registration statement filed with the SEC. Needham & Company is the sole book-running manager for this offering.
Vicor Corporation (NASDAQ: VICR) will hold its 2020 Annual Meeting of Stockholders via audio webcast on June 26, 2020, at 9:00 a.m. ET, due to COVID-19 precautions. Stockholders must vote or submit proxies in advance. Registration is necessary for those who wish to ask questions or change votes. The meeting will be hosted by Computershare, and details for accessing the virtual meeting are provided. Following the meeting, an audio replay will be available on Vicor's Investor Relations website. Vicor specializes in modular power components and systems for various markets.