We advised Credo on the SEC-registered offering

Davis Polk advised Credo Technology Group Holding Ltd in connection with an underwritten offering of 11,500,000 ordinary shares offered by Credo and certain Credo shareholders for approximately $201.3 million in total gross proceeds, including the full exercise of the underwriters’ option to purchase additional ordinary shares. The ordinary shares are listed on the Nasdaq Global Select Market under the symbol “CRDO.”

Credo’s mission is to deliver high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. Credo is an innovator in providing secure, high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market.

The Davis Polk corporate team included partner Alan F. Denenberg, counsel Jason Bassetti and associates Dana Lueck-Mammen, Bex Childress and Christian Mueller. The tax team included partner Michael Mollerus and associate Charles Collier. The intellectual property team included partner Pritesh P. Shah and associate S. Dream Montgomery. Counsel Leon E. Salkin provided 1940 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.

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