RDA Microelectronics Announces Pricing of ADS Offering
March 28 2013 - 5:51AM
RDA Microelectronics, Inc. (Nasdaq:RDA) (the "Company"), a fabless
semiconductor company that designs, develops and markets wireless
systems-on-chip and radio-frequency semiconductors for cellular,
connectivity and broadcast applications, has announced that the
follow-on public offering of an aggregate of 8,350,000 American
depositary shares ("ADSs") by the Company and certain selling
shareholders was priced at US$9.25 per ADS. Each ADS represents six
ordinary shares of the Company. The Company will be selling 100,000
ADSs and the selling shareholders will be selling 8,250,000 ADSs.
The bookrunners of the offering are Credit Suisse Securities
(USA) LLC, Morgan Stanley & Co. International plc and Barclays
Capital Inc.
A registration statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission
(the "SEC") on March 27, 2013. The offering of these securities in
the United States will be made by means of a prospectus that
contains detailed information about the issuer, which prospectus
may be obtained free of charge from EDGAR on the SEC website at
www.sec.gov. Alternatively, the Company, any underwriter or any
dealer participating in the offering will arrange to send an
investor the prospectus if the investor requests it by calling
1-800-221-1037.
This notice is not an offer of the securities for sale in the
United States of America. This announcement shall not constitute an
offer to sell or the solicitation of an offer to buy, nor shall
there be any sale of, these securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction. The securities referred to herein have not been and
will not be registered under the applicable securities laws of any
jurisdiction outside of the United States of America.
About RDA Microelectronics
RDA Microelectronics is a fabless semiconductor company that
designs, develops and markets wireless systems-on-chip and
radio-frequency semiconductors for cellular, connectivity and
broadcast applications. The Company's product portfolio currently
includes baseband, radio-frequency front end modules, power
amplifiers, transceivers, Bluetooth systems-on-chip, Wi-Fi,
Bluetooth and FM combo chips, FM radio receivers, set-top box
tuners, analog mobile television receivers, CMMB mobile television
receivers, walkie-talkie transceivers and LNB satellite
downconverters. For additional information, please see the
Company's website at http://www.rdamicro.com.
Forward-Looking Statements
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar statements. Any statements in
this press release that are not historical facts are
forward-looking statements that involve factors, risks and
uncertainties that could cause actual results to differ materially
from those in the forward-looking statements. Such factors and
risks include but are not limited to the risks included in the
Company's filings with the SEC. The Company undertakes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
unless required by applicable law.
CONTACT: Lily Dong, Chief Financial Officer
RDA Microelectronics, Inc.
+86-21-5027-1108
ir@rdamicro.com
or
Leanne Sievers, EVP
Shelton Group Investor Relations
949-224-3874
lsievers@sheltongroup.com
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