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 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.