 GOLETA, Calif.--BUSINESS WIRE--Transphorm, Inc. OTCQB: TGANa pioneer in and global supplier of high reliability, high performance gallium nitride GaN power conversion productstoday announced the pricing of a private placement of 5,000,000 shares of its common stock at a price of 3.00 per share, for expected gross proceeds to Transphorm of 15.0 million, before deducting placement agent commissions, financial advisor fees and other offering expenses. The closing of the private placement 