News: Optoelectronics
4 March 2021
nLIGHT announces proposed public offering
nLIGHT Inc of Vancouver, WA, USA (which was founded in Seattle in 2000 and provides high-power semiconductor and fiber lasers for industrial, microfabrication, aerospace and defense applications) has commenced a proposed underwritten public offering of its common stock pursuant to its existing shelf registration statement. The firm expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares offered, at the public offering price, minus the underwriting discounts and commissions.
nLIGHT intends to use the net proceeds for working capital, capital expenditures and other general corporate purposes. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.
Stifel and Raymond James are acting as lead book-running managers for the proposed offering.
