MCHP - Public offerings

Microchip Technology CFO brings decades of public-company finance and governance experience Infleqtion, a global leader in quantum sensing and quantum computing powered by neutral-atom technology, announced the appointment of J. Eric Bjornholt to its Board of Directors effective immediately. Bjornholt brings more than three decades of finance and advisory experience, joining Infleqtion as the Company advances toward its planned public listing. The company announced in September that it plans to go public through a business combination with Churchill Capital Corp X (NASDAQ:CCCX) ("Churchill X"), a special purpose acquisition company. Bjornholt currently serves as Chief Financial Officer

CHANDLER, Ariz., March 21, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) Microchip Technology Incorporated ("Microchip" or the "Company"), a leading provider of smart, connected, and secure embedded control solutions, today announced the pricing of its previously announced underwritten public offering of $1.35 billion of depositary shares ("depositary shares"), each representing a 1/20th interest in a share of newly issued 7.50% Series A Mandatory Convertible Preferred Stock, par value $0.001 per share ("preferred stock") at a public offering price of $50.00 per depositary share (the "offering"). Microchip granted the underwriters in the offering a 13-day option to purchase up to an additional $1

CHANDLER, Ariz., March 19, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) Microchip Technology Incorporated ("Microchip" or the "Company"), a leading provider of smart, connected, and secure embedded control solutions, today announced the launch of an underwritten public offering (the "offering") of $1.35 billion of depositary shares ("depositary shares"), each representing a 1/20th interest in a share of newly issued Series A Mandatory Convertible Preferred Stock, par value $0.001 per share ("preferred stock"), of the Company. Microchip expects to grant the underwriters of the offering a 13-day option to purchase up to an additional $135 million of depositary shares, solely to cover over-allotmen