Inphi said it would sell up to 7.82 million shares in its initial public offering (IPO), including 6.8 million of new shares, at between $10 and $12 each.
Inphi, a semiconductor company part-owned by its largest customer, will raise up to $93.8m at its New York Stock Exchange flotation after setting its maximum share price at $12 each.
Inphi said it would sell up to 7.82 million shares in its initial public offering (IPO), including 6.8 million of new shares, at between $10 and $12 each, according to its regulatory filing.
Investment banks led by Morgan Stanley can issue a further one million shares if there is…
