Kirkland Represents Ichor Holdings, Ltd. On First Primary Offering Since 2016 IPO
Kirkland advised Ichor Holdings, Ltd. on its primary offering of 4 million of its ordinary shares for net proceeds of approximately $122 million. Ichor is a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. The proceeds of the offering will allow Ichor to pursue potential acquisitions, growth opportunities and other strategic transactions. The offering priced on December 9, 2020, at $31.75 per share, and was upsized from the previously announced offering size of 3.5 million shares. Ichor currently trades on Nasdaq under the ticker symbol “ICHR.”
The team was led by capital markets partners Bob Hayward and Alex Schwartz and associates Katie White and Jim Montelongo, corporate partner James Beach and tax partner Karen Lee and associates Allison Bray and Kayla Ruben.