NetworkNewsBreaks – One Stop Systems, Inc. (NASDAQ: OSS) Underwriters Partially Exercise Over-Allotment Option in $19.5M IPO

March 5, 2018 11:11:36

One Stop Systems (NASDAQ: OSS), a provider of ultra-dense high-performance computing (“HPC”) systems, recently announced the close of its initial public offering (“IPO”) of 3,900,000 shares of common stock, which includes the sale of an additional 100,000 shares of common stock pursuant to a partial exercise of the over-allotment option granted to the underwriters. The shares were sold at a price of $5.00 per share, resulting in total gross proceeds to One Stop Systems of $19.5 million. Roth Capital Partners acted as sole book-running manager and Benchmark acted as co-manager for the offering.

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About One Stop Systems, Inc.

One Stop Systems, Inc. (OSS) designs and manufactures high performance compute accelerators, flash storage arrays and customized servers for deep learning, AI, defense, finance and entertainment applications. OSS utilizes the power of PCI Express, the latest GPU accelerators and NVMe flash cards to build award-winning systems, including many industry firsts, for OEMs and government customers. The company’s innovative hardware and Ion Accelerator Software offers exceptional performance and unparalleled scalability. OSS products are available directly, through global distributors, or via its SkyScale cloud services.  For more information, visit the company’s website at

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