SiTime Corporation Announces Launch of Follow-on Public Offering

SANTA CLARA, Calif., June 24, 2025 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), the Precision Timing company, announced today it has publicly filed a preliminary prospectus supplement with the U.S. Securities and Exchange Commission related to a proposed follow-on public offering of $350,000,000 of shares of its common stock. In addition, SiTime intends to grant the underwriters a 30-day option to purchase up to an aggregate of an additional $52,500,000 of shares of its common stock. The offering ...