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ZDNet UK/Reuters: Transmeta to offer 13 million shares in IPO

Oct 02, 2000, 17:33 (1 Talkback[s])
(Other stories by Jane Wakefield)

"Transmeta Monday set terms for an initial public offering at 13m common shares in a range of $11-$13 per share, potentially netting the microprocessor company about $144m (£97.35m) in proceeds."

"Underwriters led by Morgan Stanley Dean Witter and Deutsche Banc Alex Brown have an overallotment option of 1.95 million shares."

Transmeta, which plans to list on Nasdaq under the symbol TMTA, will have more than 126 million common shares outstanding when the IPO is completed."

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