PDF Solutions upsizes public offering to 4.5 million shares. The semiconductor data solutions provider priced its underwritten offering at $44 per share, raising approximately $55.5 million in gross proceeds for the company. The offering size was increased from the previously announced 3.8 million shares, with 3.3 million shares sold by Advantest America and 1.26 million by PDF Solutions itself. Morgan Stanley leads as sole active book-running manager, supported by Wells Fargo Securities, Societe Generale, and Needham & Company. The offering is expected to close May 15, 2026. Underwriters have been granted a 30-day option to purchase an additional 685,246 shares at the public offering price less underwriting discounts. This capital raise positions PDF Solutions to strengthen its operations in the semiconductor ecosystem.
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