Wolfspeed (WOLF) filed a registration statement late Tuesday for the sale of up of 24.07 million common shares from time to time.
The sale comprises nearly 3.3 million common shares offered by the selling stockholders.
The company will not receive any proceeds from the sale of shares by the selling stockholders.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.