M/A-COM Technology Solutions Holdings Announces Pricing of 6M Share IPO at $19

M/A-COM Technology Solutions Holdings, Inc. MTSI today announced the pricing of its initial public offering of 6,000,000 shares of common stock at $19.00 per share. A total of 5,556,000 shares are being offered by M/A-COM Tech and 444,000 shares are being offered by a selling stockholder. In addition, certain selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 900,000 shares to cover over-allotments, if any. M/A-COM Tech will not receive any proceeds from the sale of shares by the selling stockholders. The shares will begin trading on Thursday, March 15, 2012 on The Nasdaq Global Select Market under the ticker symbol “MTSI”.
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