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Adesto Technologies Priced, Nasdaq: IOTS

Fabless provider of flash memory chips for Internet of Things devices.

Industry: Technology

First Day Return: +18.0%

Industry: Technology

We are a leading provider of application-specific, feature-rich, ultra-low power non-volatile memory products. We optimize our NVM products for Internet of Things applications including current and next-generation Internet-connected devices in the consumer, industrial, medical and wearables markets. We combine our NVM design capabilities with proprietary intellectual property and differentiated technology platforms to deliver high-performance products that dramatically reduce the overall energy consumption of our customers’ systems and extend battery life. Our products feature embedded intelligence in a small form factor and high reliability. We believe that our ultra-low power and feature-rich NVM products will become a key hardware building block for billions of IoT edge devices operating on and connected to networks worldwide. Through December 31, 2014, we have shipped over 200 million units to more than 500 end customers.
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IPO Data
IPO File Date 09/14/2015
Offer Price $5.00
Price Range $5.00 - $5.00
Offer Shares (mm) 5.0
Deal Size ($mm) $25
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/26/2015
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $25
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Sunnyvale, CA, United States
Founded 2006
Employees at IPO 84
Website www.adestotech.com

Adesto Technologies (IOTS) Performance