Cohu Seeks To Raise Capital Via 4.5M Secondary Share Sale To Repay Debt

Semiconductor equipment and services provider Cohu Inc (NASDAQ: COHU) has proposed to sell 4.5 million shares in a secondary offering. The underwriters have 30 days to purchase additional shares up to 675,000. Based on the last closing price of $45.99, COHU can raise gross proceeds of roughly $238 million if...