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VANCOUVER, Wash., April 30, 2018 -- nLIGHT, Inc. (Nasdaq:LASR) today announced the closing of its initial public offering of 6,900,000 shares of common stock at a price to the public of $16.00 per share, which includes the full exercise of the underwriters’ option to purchase 900,000 additional shares. The company estimates net proceeds from the offering to be approximately $100.7 million, after deducting underwriting discounts and commissions and estimated offering expenses. The shares began trading on The Nasdaq Global Select Market under the ticker symbol “LASR” on April 26, 2018.
Stifel and Raymond James acted as lead book-running managers for the offering. Needham & Company, Canaccord Genuity and D.A. Davidson & Co. acted as co-managers for the offering.
The offering was made only by means of a prospectus forming part of the effective registration statement filed with the Securities and Exchange Commission on Form S-1. Copies of the final prospectus relating to this offering may be obtained from Stifel, Nicolaus & Company, Incorporated, Attention: Prospectus Department, One Montgomery Street, Suite 3700, San Francisco, CA 94104, by telephone at 415-364-2720 or by email at [email protected], or by contacting Raymond James & Associates, Inc., Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, FL 33716, by telephone at 800-248-8863 or by email at [email protected].
A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on April 25, 2018. Copies of the registration statement, as amended, can be accessed through the SEC’s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About nLIGHT, Inc.
nLIGHT is a leading provider of high-power semiconductor and fiber lasers used in a broad range of applications in the industrial, microfabrication, and aerospace and defense markets.
CONTACT:
[email protected]
(866) 329-2314
