QuickLogic Corp. (QUIK) said Friday that it had completed the sale of 622,000 additional shares of common stock pursuant to the partial exercise of the over-allotment option in connection with the company's recently announced public offering, resulting in additional net proceeds to the company of $1.45 million after deduction of underwriting discounts.
During the recent public offering, including the underwriter's partial exercise of its over-allotment option, the company raised an aggregate of about $11.94 million in net proceeds, after deduction of underwriting discounts.
After giving effect to the shares issued in the offering, the company has about 44.02 million shares outstanding.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.