SAN JOSE, Calif.-SiRF Technology Holdings Inc. last week commenced its initial public offering of 11 million shares of common stock at $12 per share.
The stock, which trades on the Nasdaq National Market under the symbol “SIRF,” closed Monday at $16.51 per share.
The company offered 7 million shares and certain selling stockholders offered 4 million shares. SiRF granted its underwriters an option to buy an additional 1.65 million shares to cover overallotments.
