Fusion-io (NYSE:FIO) has announced that they have filed with the Security and Exchange Commission to offer up to $100 million shares of common stock for sale. This announcement comes hot on the heels of the release of the ioDrive2 and ioDrive2 Duo, PCI-Express enterprise SSDs. Despite the current economic climate, this release comes at a fairly opportune moment for Fusion-io as their stock trades near an all-time high.
Fusion-io (NYSE:FIO) has announced that they have filed with the Security and Exchange Commission to offer up to $100 million shares of common stock for sale. This announcement comes hot on the heels of the release of the ioDrive2 and ioDrive2 Duo, PCI-Express enterprise SSDs. Despite the current economic climate, this release comes at a fairly opportune moment for Fusion-io as their stock trades at near an all-time high.
Fusion-io is only offering the shares by means of prospectus, a copy of which is available through the book-runners, Goldman Sachs or Morgan Stanley. For those with stock already, or the financial minded, there is no word the impact of dilution on current shares. The new shares will be available when the SEC finishes processing Fusion-io’s request.
