** Shares of A10 Networks ATEN.N down 10.7% premarket to $17.45, over three-mth low, after capital raise
** San Jose, California-based network security firm announces pricing offering of $200 mln 2.75% 5-yr convertible bonds
** Initial conversion price of $23.46 represents 20% premium to stock's last close
** It expects to use ~$44.2 mln of net offering proceeds to repurchase its shares, remainder for working capital, and other purposes, including potential future acquisitions
** Co has market cap of ~$1.4 bln, per LSEG data
** Through Weds close, stock up ~6% YTD following 40% rise in 2024. Stock hit intraday record high of $21.89 on Feb 14
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。