Davis Polk-Led Credo Technology Launches $275M IPO

By Tom Zanki (January 18, 2022, 3:40 PM EST) -- Global semiconductor firm Credo Technology Group Holding Ltd. set on Tuesday a price range for an estimated $275 million initial public offering. The San Jose, California-based Credo — represented by Davis Polk & Wardwell LLP and underwriters counsel Sullivan & Cromwell LLP — told regulators it plans to offer 25 million shares priced between $10 and $12, raising $275 million at midpoint....

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