Peter Clarke, EE Times (02/08/2006 8:43 AM EST) LONDON — Flash memory technology licensor Saifun Semiconductors Ltd. is planning a secondary share offering on Nasdaq in May that could raise as much as $300 million, according to a Globes Online report, which referenced unnamed “capital market†sources.
A secondary issue of shares was expected and allowed for in the initial public offering conducted in
November 2005.