Ceva Inc. Strengthens Financial Position with $58.5 Million Public Offering of Shares

### Ceva Inc. Enhances Financial Flexibility Through Public Offering

Ceva, Inc. announces a significant step towards strengthening its financial position with an underwritten public offering of 3,000,000 shares of common stock, priced at $19.50 per share. Set to close on November 20, 2025, this move aims to raise approximately $58.5 million in gross proceeds before accounting for underwriters' discounts and other expenses. The company also grants underwriters a 30-day option to purchase an additional 450,000 shares, underscoring Ceva’s proactive approach to capital generation. This offering is pivotal for Ceva as it seeks to bolster its financial flexibility amidst a rapidly evolving technology landscape.

The primary use of the net proceeds from the offering includes funding potential acquisitions and investments in complementary technologies and businesses. This strategic focus aligns with Ceva’s commitment to growth and innovation, enabling the company to capitalize on emerging opportunities within the semiconductor and connectivity sectors. By securing additional capital, Ceva positions itself not only to enhance its public float but also to respond to market demands and technological advancements more effectively.

Ceva’s decision to initiate this public offering reflects a broader trend in the technology sector, where companies increasingly seek to leverage market conditions to fuel growth initiatives. The firm engages J.P. Morgan as the lead book-running manager, with UBS Investment Bank, TD Cowen, and Stifel also playing significant roles in the offering. This collaboration with established financial institutions indicates Ceva’s strategic foresight in navigating the complexities of public markets while pursuing its long-term goals.

### Strategic Growth and Market Positioning

The offering is registered under a shelf registration statement with the Securities and Exchange Commission (SEC), which was filed on August 7, 2024, and became effective shortly thereafter. This regulatory framework not only facilitates the current offering but also positions Ceva for future capital-raising opportunities, ensuring it remains agile in a competitive market.

As Ceva moves forward with its public offering, prospective investors are encouraged to review the preliminary prospectus and related documents available on the SEC's website, which detail the offering's structure and associated risks. This transparency reinforces Ceva’s commitment to maintaining open communication with stakeholders, laying the groundwork for sustained investor confidence in its strategic direction.