Intel said it has upsized and priced a $20 billion common stock offering, issuing 210,526,315 shares at $95 per share.
Intel: net proceeds from the offering are expected to be about $19.7 bln and plans to use them for general corporate purposes.
Intel: The offering is expected to complete on Aug. 12, 2026.
Intel granted underwriters a 30-day option to purchase up to 31.6 million additional shares at the public offering price.
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