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    Thursday, December 6, 2007

    Entropic Drops Offering Range In IPO
    San Diego-based Entropic Communications, a developer of semiconductors for networking home electronics, said in a filing with the SEC this morning that it has dropped its offering range in its IPO to between $6.00 and $8.00 per share. The firm had originally planned to sell its stock at $9.00 and $11.00 per share. The firm will sell 8 million shares of its stock, which will net it approximately $48.8M. Entropic is venture backed by CMEA Ventures, Redpoint Ventures, Focus Ventures, Granite Ventures, and Mission Ventures. Entropic is looking to trade as “ENTR" on the Nasdaq Global Market.
    posted on Thursday, December 6, 2007

    Related companies:
    Entropic Communications

    Related stories:
    > WebSideStory Lowers Offering Range
    > Entropic Promotes VP
    > Entropic Hires VP Sales
    > Entropic Prices IPO
    > Entropic Communications Names HR VP

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