Monday, April 16, 2018

nLight Approaches IPO, Sets Estimated IPO Pricing

Vancouver, Washington-based nLight, which makes semiconductor and fiber lasers used in the industrial, microfabrication, aerospace, and defense markets, has set its estimated IPO pricing, saying it now hopes to sell 5,400,000 shares of its common stock at between $13.00 and $15.00 per share. nLight is venture backed by Menlo Ventures, Oak Investment Partners, Mohr Davidow Ventures, Wellington Management, Greenover Group, and others. The company has applied to list as LASR on the Nasdaq Global Market.