Article: Veeco Completes Common Stock Offering.

Veeco Instruments Inc. (Nasdaq: VECO) announced that it has closed its recent public offering of common stock. Veeco sold 5,750,000 shares of common stock (including 750,000 shares representing full exercise of the underwriters' overallotment option granted in connection with the public offering) at a public offering price of $23.75 per share. The exercise of the overallotment option brings the total net proceeds of the public offering to $130.1 million, after deducting offering expenses, underwriting discounts and commissions payable by Veeco. Veeco intends to use the proceeds from the offering for general corporate purposes, including potential acquisitions.

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