Monday, August 6, 2012

Peregrine Semiconductor Expected To IPO Wednesday

San Diego-based RFIC maker Peregrine Semiconductor is looking to be the next, Southern California technology company to make it to the public markets, with an IPO on Wednesday, according to the NASDAQ's IPO calendar. Peregrine is looking to raised $83M in an IPO, which is currently estimated to price at between $14.00 and $16.00 a share. Peregrine is looking to trade on the NASDAQ as PSMI. Peregrine Semiconductor is venture backed by Morgenthaler Partners, Ridgewood Peregrine, Palisades Ventures, TVP, Advanced Equities, and others.

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