Santa Clara, Calif. • 408-980-8388 • www.gsitechnology.com
Exchange and Ticker: Nasdaq: GSIT
Filing Range: 6.13M shares @ $6.50 to $8.00
Offering Price: $5.50
Close on First Day: $5.29
Offering Size: $33.70M
Shares Outstanding: 27,533,940
Underwriters: Needham & Co. Inc./ WR Hambrecht & Co. LLC
Co-managers: Stanford Group Company/ Robert W Baird & Co. Inc.
Company Counsel: DLA Piper Rudnick Gray Cary LLP
Manager Counsel: Wilson Sonsini Goodrich & Rosati
Auditor: Pricewaterhouse Coopers LLP
Market Capitalization on 3/31/07: $144.55M
Close price at current month end: $5.25
DESCRIPTION
Designs, develops and markets SRAM, or static random access memory, chips for the networking and telecommunications infrastructure markets. Company focuses on higher speed integrated circuits that require less than 5 nanoseconds to retrieve data from memory. GSI provides SRAM solutions that target high- performance equipment, such as routers, switches, wireless local area network
infrastructure equipment, wireless base stations and networking access
equipment. Competitors include Cypress Semiconductor, Integrated Device Technology, Integrated Silicon Solution, NEC, Renesas and Samsung Electronics. Company was formerly known as Giga Semiconductor Inc.
VENTURE BACKERS
Monet Capital
Source: Thomson Financial