InspireSemi works with Woodside Capital Partners
Inspire Semiconductor Holdings has entered into a new strategic advisory services agreement with Woodside Capital Partners.
Under the Agreement, Woodside Capital will provide InspireSemi with general advisory and investment banking services, including assistance in identifying potential strategic investors or relationships.
The Agreement provides for an initial term of two months, after which the parties, by mutual agreement, may extend the term for an additional six months, and then on a month-to-month basis thereafter. The Agreement provides for certain monthly retainers as well as additional compensation to be paid to Woodside Capital in connection with any transaction introduced by Woodside Capital, to be determined in accordance with the Agreement.
“We are impressed with Inspire Semiconductor’s accelerated computing solution for the High-Performance Computing (HPC) & Graph Analytics market. Its use of RISC-V-based cores and advanced interconnect addresses the market’s demanding power, throughput, and cost requirements,” said George Jones, Managing Director of Woodside Capital Partners.
“As we continue to execute on our strategy, advancing our technology and market presence, we considered various firms for advisory services as we ramp our business. We were very impressed with the caliber of the team at Woodside Capital and their understanding of the industry, our market position and technology ecosystem. We look forward to working with them on important next steps for InspireSemi,” said John B. Kennedy, Chief Financial Officer of InspireSemi.
Woodside Capital currently does not own directly any securities of the Company.
