Corsair gaming, inc. announces pricing of public offering of common stock

Milpitas, calif.--( business wire )--corsair gaming, inc. (nasdaq: crsr) (“corsair”), a leading global provider and innovator of high-performance gear for gamers and content creators, announced today the pricing of its underwritten public offering of 4,545,455 shares of common stock at a public offering price of $16.50 per share, before underwriting discounts and commissions. all of the shares of common stock are being offered by corsair. in addition, corsair has granted the underwriters a 30-day option to purchase up to an additional 681,818 shares of common stock at the public offering price, less underwriting discounts and commissions. the gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by corsair, are expected to be $75.0 million, excluding any exercise of the underwriters' option to purchase additional shares. corsair currently intends to use the net proceeds that it will receive from the offering for general corporate purposes. the offering is expected to close on or about november 17, 2022, subject to satisfaction of customary closing conditions.
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