Wiki source code of Oclaro
Last modified by Asif Farooqui on 2019/12/02 14:00
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1.1 | 1 | {{box cssClass="floatinginfobox" title="**Contents**"}} |
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2.1 | 5 | = = |
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2.1 | 7 | During its fiscal year 2017, Oclaro (OCLR) was one of the leading providers of optical components and modules for the long-haul, metro and data center markets. Leveraging more than three decades of laser technology innovation and photonics integration, Oclaro provide differentiated solutions for optical networks and high-speed interconnects driving the next wave of streaming video, cloud computing, application virtualization and other bandwidth-intensive and high-speed applications. |
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2.1 | 9 | Oclaro has research and development ("R&D") and chip fabrication facilities in China, Italy, Japan, United Kingdom and the United States. Oclaro also have contract manufacturing sites in Asia, with design, sales and service organizations in most of the major regions around the world.{{footnote}}https://fintel.io/doc/sec-oclr-oclaro-10k-2018-august-23-17945{{/footnote}} |
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1.2 | 11 | Oclaro's customers include ADVA Optical Networking; Amazon.com, Inc.; Ciena Corporation; Cisco Systems, Inc. ("Cisco"); Coriant GmbH ("Coriant"); Google Inc.; Huawei Technologies Co. Ltd ("Huawei"); Juniper Networks, Inc.; Nokia/Alcatel-Lucent; and ZTE Corporation ("ZTE"). |
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2.1 | 13 | = Recent Developments = |
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1.2 | 15 | In August 2016, Oclaro entered into multiple privately negotiated agreements, pursuant to which all of its 6.00% Convertible Senior Notes due 2020 (the “6.00% Notes”) were cancelled, and the indenture, dated as of February 19, 2015, by and between it and U.S. Bank National Association, pursuant to which the 6.00% Notes were issued, was satisfied and discharged. In connection with these privately negotiated agreements, Oclaro issued a total of 34,659,972 shares of its common stock and made total cash payments of $4.7 million . These agreements are more fully discussed in Note 6, Credit Line and Notes to its consolidated financial statements included elsewhere in this Annual Report. |
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1.2 | 17 | In September 2016, Oclaro entered into an underwriting agreement with Jefferies LLC, as representative of several underwriters, pursuant to which Oclaro sold 17,250,000 shares of its common stock in a public offering. The net proceeds to it after deducting underwriting discounts and commissions and offering expenses were approximately $135.2 million . See Note 9, Stockholders' Equity for additional information. |
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1.2 | 19 | In November 2016, its stockholders approved an amendment to the Fifth Amended and Restated 2001 Long-Term Stock Incentive Plan, adding 6.0 million shares of common stock to the share reserve. See Note 10, Employee Stock Plans , for additional information. |
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2.1 | 20 | |
| 21 | = References = | ||
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| 23 | {{putFootnotes/}} |
