The Firm represented the underwriters, led by J.P. Morgan Securities LLC, in connection with a public offering by Su Sih (BVI) Limited, a selling stockholder, of TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM Technologies”) of 13,800,000 shares of TTM Technologies common stock (including 1,800,000 shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares), at a public offering price of $11.50 per share.
TTM Technologies is a major global printed circuit board manufacturer, focusing on quick-turn and technologically advanced PCBs, backplane assemblies and electro-mechanical solutions. TTM stands for time-to-market, representing how TTM Technologies' time-critical, one-stop manufacturing services enable customers to shorten the time required to develop new products and bring them to market.
The Simpson Thacher team included Art Robinson, David Azarkh, Dan Areshenko and Sara Park (Capital Markets); Jacqueline Clinton (Tax); Larry Moss and Alina Grinman (Executive Compensation and Employee Benefits); Mike Isby and Tim Mulvihill (Environmental); Genevieve Dorment (Intellectual Property); and Jennie Getsin (FINRA and Blue Sky).