nLIGHT IPO filing sets the stage for another publicly traded laser company
nLIGHT (Vancouver, WA), a maker of high-power semiconductor and fiber lasers, has registered with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of its common stock. The number of shares to be offered and the price range have not yet been determined. nLIGHT intends to list its common stock on the Nasdaq Global Market under the ticker symbol LASR.
Related blog: Can you see the nLight? Post-announcement commentary by laser market analyst Allen Nogee
Stifel, Nicholas & Company and Raymond James will act as lead book-running managers for the IPO. Needham & Company, Canaccord Genuity, and D.A. Davidson & Co. will act as co-managers. The proposed offering will be made only by prospectus.
Related article: The power of brilliance -- the past and future of high-power semiconductor lasers, by CEO of nLight Scott Kinney and colleagues
Related article:The 30th Annual Lasers & Photonics Marketplace Seminar—More good news ahead, a summary of Scott Kinney’s presentation and other laser market insights
Source: www.nlight.net
About the Author
Conard Holton
Conard Holton has 25 years of science and technology editing and writing experience. He was formerly a staff member and consultant for government agencies such as the New York State Energy Research and Development Authority and the International Atomic Energy Agency, and engineering companies such as Bechtel. He joined Laser Focus World in 1997 as senior editor, becoming editor in chief of WDM Solutions, which he founded in 1999. In 2003 he joined Vision Systems Design as editor in chief, while continuing as contributing editor at Laser Focus World. Conard became editor in chief of Laser Focus World in August 2011, a role in which he served through August 2018. He then served as Editor at Large for Laser Focus World and Co-Chair of the Lasers & Photonics Marketplace Seminar from August 2018 through January 2022. He received his B.A. from the University of Pennsylvania, with additional studies at the Colorado School of Mines and Medill School of Journalism at Northwestern University.