Marvell Technology files legal opinion for securities offering on Nasdaq
Marvell Technology, Inc. (NASDAQ:MRVL) has filed a prospectus supplement for a securities offering on Nasdaq, including a legal opinion from Wilson Sonsini Goodrich & Rosati. The filing does not disclose specific terms or size of the offering. This comes amid Marvell's strategic acquisitions of Celestial AI and XConn Technologies to boost its AI and data center capabilities, which are expected to have a dilutive impact on short-term earnings.
https://www.investing.com/news/sec-filings/marvell-technology-files-legal-opinion-for-securities-offering-on-nasdaq-93CH-4490040