SiTime Corporation Announces Pricing of Follow-on Public Offering

SANTA CLARA, Calif., June 26, 2025 (GLOBE NEWSWIRE) — SiTime Corporation (Nasdaq: SITM), the Precision Timing company, today announced the pricing of its follow-on public offering of 1,750,000 shares of its common stock at a price to the public of $200.00 per share. The gross proceeds of the offering to SiTime, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $350 million, excluding any exercise of the underwriters’ option. The offering is expected to close on June 27, 2025, subject to customary closing conditions.

Source: https://www.globenewswire.com/news-release/2025/06/26/3105545/0/en/SiTime-Corporation-Announces-Pricing-of-Follow-on-Public-Offering.html