Tuesday, April 3, 2018

nLight Files For IPO

Vancouver, Washington-based nLight, which develops semiconductor and fiber lasers, has filed for an IPO. The company said it is looking to raise up to $86.25M in an IPO, and has applied to list as LASR on the Nasdaq Global Market. nLight's IPO is being underwritten by Stifel, Raymond James, Needham & Company, Canaccord Genuity, and D.A. Davidson & Co. The company is venture backed by Greenover Group, Hadley Harbor, Menlo Ventures, Mohr, Davidow Ventures, Oak Investment Partners, along with others.