Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

When was QLogic Corporation listed as a public company and at what price was its stock offered?

April 26, 2017COMPANY corporation offered price public qlogic stock

0

Posted

When was QLogic Corporation listed as a public company and at what price was its stock offered?

1 Answer

0

Posted

QLogic become a public company pursuant to special dividend consisting of the distribution by its former parent company, Emulex Corporation (NYSE:ELX), to its stockholders of all outstanding shares of common stock of QLogic. The distribution was completed on February 28, 1994. The company’s common stock was listed on THE NASDAQ STOCK MARKET and the opening price of a share of the common stock on that date was $3.25 per share.