other_material
confidence high
sentiment neutral
materiality 0.60
nLIGHT prices $44/share offering of 3.98M shares, net proceeds ~$166.5M
NLIGHT, INC.
- Offering of 3,977,273 shares at $44 per share; net proceeds ~$166.5M after underwriting discounts and expenses.
- Underwriters have 30-day option to purchase 596,590 additional shares, increasing net proceeds to ~$191.5M.
- Proceeds to be used for working capital, capital expenditures, and general corporate purposes.
- Executive officers and directors subject to 60-day lock-up on sale of company shares.
item 8.01item 9.01