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Latham & Watkins Advises Corsair in its Initial Public Offering

September 23, 2020
A Bay Area team advises the provider and innovator of high-performance gaming and streaming products in the offering.

Corsair Gaming, Inc. (Corsair), a global provider and innovator of high-performance gear for gamers and content creators, has announced the pricing of its initial public offering of 14,000,000 shares of its common stock, 7,500,000 of which are being sold by Corsair and 6,500,000 of which are being sold by a selling stockholder, at a public offering price of US$17.00 per share. In connection with the offering, the underwriters will also have a 30-day option to purchase up to an additional 2,100,000 shares of common stock from the selling stockholder. The shares will be traded on the Nasdaq Global Select Market under the ticker symbol “CRSR.” The closing of the offering is expected to occur on September 25, 2020, subject to satisfaction of customary closing conditions. 

Latham & Watkins LLP represents Corsair Gaming, Inc. in the offering with a corporate deal team led by Bay Area partners Jack Sheridan, Tad Freese and Page Mailliard, with Bay Area associates Phillip Stoup, Andrew Bertolli and Casey Tong. Advice was also provided on tax matters by Bay Area partner Kirt Switzer, with Bay Area associate Jessica Chen.