nLight Announces Pricing of Initial Public Offering
On April 25, 2018, nLight, a leading provider of high power semiconductor and fiber lasers, announced the pricing of its initial public offering of 6,000,000 shares of common stock at a price to the public of $16.00 per share. In addition, nLight has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of common stock at the initial public offering price. Wilson Sonsini Goodrich & Rosati is representing nLight in the offering.
nLight’s common stock began trading on the Nasdaq Global Select Market under the symbol "LASR" on April 26, 2018. The offering is expected to close on April 30, 2018, subject to customary closing conditions.
Stifel and Raymond James are acting as lead book-running managers for the offering. Needham & Company, Canaccord Genuity, and D.A. Davidson & Co. are acting as co-managers.
The WSGR team representing nLight in the offering includes: Patrick Schultheis, Jeana Kim, Bryan King, Ross Tanaka, Beth St. Clair, Jacob Wittman, Brandon Gantus, Austin Holt, Andrew Bryant, James McCann, Martin Sul, Lee Cumberland, Jill Fulwiler, Manja Sachet, Jennifer McGrew, Anne Seymour, and Matthew Staples.
For more information, please see nLight’s press release.