1 unchanged sentence
Market Information
−Removed: Our ordinary shares have been traded on the Nasdaq Global Select Market under the symbol “CRDO” since January 27, 2022, the first trading day following our IPO.
+Added: Since our initial public offering in January 2022, our ordinary shares have been traded on the Nasdaq Global Select Market under the symbol “CRDO”.
+Added: Prior to that time, there was no public market for our ordinary share.
On June 17, 2024, there were 73 shareholders of record holding our ordinary shares.
7 unchanged sentences
Recent Sales of Unregistered Securities
−Removed: Use of Proceeds from Our IPO
−Removed: On January 31, 2022, we closed our IPO, in which we issued and sold 18,383,800 of our ordinary shares and certain of our existing shareholders sold an aggregate of 1,616,200 of our ordinary shares at an offering price of $10.00 per share.
−Removed: On February 10, 2022, we issued and sold an additional 3,000,000 of our ordinary shares pursuant to the underwriters’ option to purchase additional shares from us at an offering price of $10.00 per share.
+Added: Use of Proceeds
+Added: On December 8, 2023, the Company completed a public offering of 11,500 thousand of its ordinary shares, par value of $0.00005 per share, at $17.50 per share.
+Added: The Company sold 10,440 thousand
+Added: shares and certain existing shareholders sold an aggregate of 1,060 thousand shares.
All of the shares sold were registered under the Act pursuant to a registration statement on Form S-3 (File No.
−Removed: 333-261982) (the Registration Statement), which became effective on January 26, 2022.
−Removed: The offering resulted in proceeds to us of approximately $194.2 million, net of underwriting discounts and offering costs.
−Removed: There has been no material change in the planned use of the proceeds from our IPO as described in our final prospectus filed with the SEC on January 27, 2022.
+Added: 333-275894), which became effective on December 5, 2023.
+Added: The Company received net proceeds of $173.4 million after deducting offering costs.
+Added: There has been no material change in the planned use of the proceeds from our follow-on offering as described in our final prospectus filed with the SEC on December 5, 2023.
Issuer Purchases of Equity Securities
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.