Merix announces exercise of over-allotment option of 500,000 shares of common stock by underwriters

Merix Corporation (Nasdaq:MERX) announced that the underwriters of its public offering of 3,600,000 million shares of common stock, including 400,000 shares of common stock to be sold by selling shareholder Tektronix, Inc., at a price of $25.21 per share have exercised their option to purchase 500,000 additional shares of common stock from the company to cover over-allotments. The aggregate public offering price of the over-allotment shares is $12.6 million. UBS Investment Bank is acting as sole book-running manager of Merix's public offering. Thomas Weisel Partners LLC is acting as the co-lead manager, and Needham & Company, Inc. and Wells Fargo Securities, LLC are acting as co-managers of the offering. Registration statements relating to these securities filed with the Securities and Exchange Commission became effective on January 28,2004.Source: PCBnewsline