Harmonic Overwriters Exercise Overallotment Option - Multichannel

Harmonic Overwriters Exercise Overallotment Option

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Harmonic Inc. said Wednesday that the overwriters of its public offering exercised their option to purchase 1.35 million additional shares of common stock in order to cover overallotments.

Harmonic had offered 9 million shares of common stock at $7.40 apiece.

The aggregate public-offering price following the overallotment shares is $9.99 million.

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