Press Release

Everspin – $40 Million IPO + $5 Million Private Placement

October 18, 2016

Palo Alto – October 18, 2016 – Cooley advised Everspin Technologies on its $40 million initial public offering and separate concurrent $5 million private placement. The company now trades on The NASDAQ Global Market under the symbol “MRAM.”

Everspin is a semiconductor company that designs, manufactures and ships discrete and embedded magnetoresistive random access memory (MRAM) and Spin-Torque MRAM.

Cooley has served as Everspin’s counsel since its formation in 2008. 

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