Summary:
- SanDisk, a leading manufacturer of flash memory storage products, has announced the launch of a secondary offering of its common stock.
- This means the company is selling additional shares of its stock to the public, which will provide them with more capital to invest in their business and operations.
- The additional funding will allow SanDisk to continue developing and improving their technology, such as their solid-state drives (SSDs) and other memory products, to meet the growing demand for digital storage solutions.