Ramtron Prices Public Offering of 4.75M Shares at $2.00

Ramtron International Corporation RMTR today announced the pricing of an underwritten public offering of 4,750,000 shares of its common stock at a price to the public of $2.00 per share, for initial gross offering proceeds of $9.5 million. Ramtron also granted to the underwriters a 30-day option to purchase up to an additional 712,500 shares of common stock to cover overallotments, if any. After the underwriting discount and estimated offering expenses payable by the company, the company expects to receive net proceeds of approximately $8.48 million, excluding the exercise, if any, of the underwriters' over-allotment option. The offering is expected to close on or about August 2, 2011, subject to customary closing conditions. Needham & Company, LLC is acting as the sole-bookrunning manager and Craig-Hallum Capital Group LLC is acting as the co-manager for the offering.