Wednesday, November 1, 2006

Occam Announces Pricing of Follow-On Offering of Common Stock

Occam Networks announced the pricing of its follow-on public offering of 5,250,000 shares of its common stock at a public offering price of $14.00 per share. Of the 5,250,000 shares, Occam is offering 3,750,000 shares and selling stockholders are offering 1,500,000 shares. The net proceeds to Occam from the sale of the 3,750,000 shares of common stock will be approximately $48.3 million after deducting underwriting discounts and commissions and estimated offering expenses.

http://www.occamnetworks.com

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