8-K
Credo Technology Group Holding Ltd (CRDO)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):February 10, 2022 (February 7, 2022)
Credo Technology Group Holding Ltd
(Exact name of registrant as specified in itscharter)
| Cayman Islands | 001-41249 | N/A |
|---|---|---|
| (State or other jurisdiction<br><br><br> <br>of incorporation) | (Commission<br><br><br> <br>File Number) | (IRS Employer<br><br><br> <br>Identification No.) |
| c/o Maples Corporate Services, Limited**,<br><br><br> <br>PO Box 309, Ugland House**<br><br><br> <br>Grand Cayman**, KY1-1104,** Cayman Islands | N/A | |
| --- | --- | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including
area code: (408) 664-9329
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities<br>Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange<br>Act (17 CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under<br>the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under<br>the Exchange Act (17 CFR 240.13e-4(c)) |
| --- | --- |
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered |
|---|---|---|
| Ordinary shares, par value $0.00005 per share | CRDO | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item8.01 Other Events.
As previously disclosed, on January 31, 2022, Credo Technology Group Holding Ltd, a Cayman Islands exempted company (the “Company”), completed an initial public offering (the “IPO”) of 20,000,000 of its ordinary shares at a public offering price of $10.00 per share, of which 18,383,800 shares were issued and sold by the Company and 1,616,200 were sold by certain existing shareholders.
In connection with the IPO, the underwriters were granted a 30-day option to purchase from the Company up to an additional 3,000,000 of the Company’s ordinary shares at the public offering price, less underwriting discounts and commissions. On February 7, 2022, the underwriters exercised the option to purchase additional shares in full, which purchase closed on February 10, 2022.
Item9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit<br><br> <br><br><br> <br>Number | Description of Exhibit |
|---|---|
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Credo Technology Group Holding Ltd | |
|---|---|
| Date: February 10, 2022 | /s/ Adam Thorngate-Gottlund |
| Adam Thorngate-Gottlund | |
| General Counsel and Secretary |