Ceva Inc. Announces Public Offering to Raise $58.5 Million for Growth and Innovation

### Ceva, Inc. Launches Strategic Public Offering to Fuel Growth

Ceva, Inc. (NASDAQ: CEVA) undertakes a significant step in its growth strategy by announcing a public offering of 3,000,000 shares of common stock at a price of $19.50 per share. This initiative, which aims to raise approximately $58.5 million in gross proceeds, is set to close on November 20, 2025, subject to customary closing conditions. The offering also includes a 30-day option for underwriters to purchase an additional 450,000 shares, potentially enhancing the total capital raised. This strategic move underscores Ceva's commitment to increasing its financial flexibility and positioning itself for future opportunities in the rapidly evolving technology sector.

The net proceeds from this offering are earmarked for several key purposes. Ceva plans to utilize the funds to support potential acquisitions or investments in complementary technologies, thereby expanding its operational capabilities and market reach. Additionally, the proceeds will address working capital requirements and facilitate capital expenditures, which are essential for sustaining innovation and competitiveness. This proactive approach reflects Ceva's intent to not only solidify its current market position but also to explore new avenues for growth and expansion.

By engaging with a robust lineup of financial institutions—including J.P. Morgan as the lead book-running manager and UBS Investment Bank as the junior active book-running manager—Ceva demonstrates its strategic foresight in navigating the complexities of public offerings. Co-managers such as Needham & Company and Roth Capital Partners further bolster the offering's credibility. The company’s decision to conduct this offering under a shelf registration statement, filed with the Securities and Exchange Commission (SEC), ensures a streamlined process for accessing capital markets.

### Focus on Innovation and Strategic Acquisitions

Ceva's public offering not only aims to enhance its financial profile but also highlights its ongoing commitment to innovation within the semiconductor industry. By investing in complementary technologies, Ceva positions itself to leverage emerging trends and meet the growing demands of a technology-driven market.

As the company moves forward, it remains essential for potential investors and stakeholders to review the preliminary prospectus supplement filed with the SEC. This document will provide detailed insights into the offering and the intended use of proceeds, fostering informed decision-making and transparency throughout the investment process.