SCT Transphorm announces rights offering to raise $15m

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SCT Transphorm announces rights offering to raise $15m

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Transphorm Inc of Goleta, near Santa Barbara, CA, USA — which designs and manufactures JEDEC- and AEC-Q101-qualified gallium nitride (GaN) field-effect transistors (FETs) for high-voltage power conversion — says that the independent Financing Committee of its board of directors has approved a rights offering available to all holders of record of the firm’s common stock, par value $0.0001 as of 5pm Eastern Daylight Time on 26 June...

Source: https://www.semiconductor-today.com/new ... 0623.shtml
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