SAN DIEGO-Leap Wireless International Inc. completed its underwritten public offering of 3 million shares of its common stock at $33.50 per share, netting approximately $97.9 million in proceeds. The sold shares included 200,000 shares sold to the underwriter, Credit Suisse First Boston, upon its exercise of an option to purchase additional shares to cover over-allotments.
Leap said it will use the proceeds from the offering to supplement funds available for acquisition, spectrum purchases and general corporate purposes.
