FREMONT, Calif - September 23, 2020 (Investorideas.com Newswire) Corsair Gaming, Inc. ("Corsair") (NASDAQ: CRSR) a leading global provider and innovator of high-performance gear for gamers and content creators, announced the pricing of its initial public offering of 14,000,000 shares of its common stock, 7,500,000 of which are being sold by Corsair and 6,500,000 of which are being sold by a selling stockholder, at a public offering price of $17.00 per share. In connection with the offering, the underwriters will also have a 30-day option to purchase up to an additional 2,100,000 shares of common stock from the selling stockholder. The shares are expected to begin trading on the Nasdaq Global Select Market on September 23, 2020 under the ticker symbol "CRSR." The closing of the offering is expected to occur on September 25, 2020, subject to satisfaction of customary closing conditions.
Goldman Sachs & Co. LLC, Barclays and Credit Suisse are serving as lead book-running managers and as representatives of the underwriters for the proposed offering. Macquarie Capital, Baird, Cowen and Stifel are also acting as book-running managers for the proposed offering. Wedbush Securities and Academy Securities are acting as co-managers for the proposed offering.
The offering will be made only by means of a prospectus. A copy of the final prospectus relating to this offering, when available, may be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 1-866-471-2526 or by e-mail at email@example.com; Barclays, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-888-603-5847 or by e-mail at firstname.lastname@example.org; or Credit Suisse, Attention: Credit Suisse Prospectus Department, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, by telephone at 1-800-221-1037 or by e-mail to email@example.com.
A registration statement on Form S-1 relating to these securities was declared effective by the U.S. Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Ronald van Veen
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