Alliance Fiber Optic Products, Inc. announces initial public offering.

0 Comments | M2 Presswire, November, 2000

M2 PRESSWIRE-21 November 2000-Alliance Fiber Optic Products: Alliance Fiber Optic Products, Inc. announces initial public offering (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:21112000 Sunnyvale, California -- Alliance Fiber Optic Products, Inc. announced that it commenced today its initial public offering of 4,500,000 shares of its Common Stock at a price of $11.00 per share through an underwriting group managed by Merrill Lynch & Co., U.S.

Bancorp Piper Jaffray, Wit SoundView, and SG Cowen. All of the shares were sold by the Company. The Company has granted the underwriters an option to purchase an additional 607,500 shares to cover over-allotments, if any. Alliance Fiber Optic Products` Common Stock will be traded on the Nasdaq National Market under...