MACOM Technology Solutions Holdings, Inc. Closes Issuance of Convertible Senior Notes and Common Stock

Details

completed the issuance of $344.3 million aggregate principal amount of 0.000% convertible senior notes due 2029 and approximately 1.58 million newly-issued shares of common stock. The Notes were issued pursuant to an Indenture dated as of December 19, 2024, and do not bear regular interest. The issuance was made in connection with a previously announced exchange of convertible senior notes due 2026 and a private placement. The net proceeds from the private placement will be used for general corporate purposes.

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About Macom Technology Solutions Holdings, Inc.

Macom Technology Solutions Holdings, Inc. is a prominent player in the semiconductor industry, specializing in the design and manufacture of a comprehensive array of analog and mixed-signal products. These products are crucial components in various high-demand sectors such as telecommunications, defense, automotive, and industrial markets. Macom’s technology solutions are central to systems requiring power optimization and enable critical functions within wireless and wireline infrastructure. The company's offerings include RF power products, diodes, amplifiers, and various networks solutions that cater to both commercial and military applications. Macom's contributions are vital in supporting infrastructure expansions and technological advancements, particularly in areas like 5G networks, satellite communications, and radar systems. With its strategic focus on innovation and performance, Macom Technology Solutions Holdings, Inc. plays a significant role in powering the complex communications frameworks of today and the future.