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Spill ink on your clothes: Kornit Digital files for a $115 million IPO

February 25, 2015

Kornit Digital, which sells digital printing equipment and inks for the printed textile industry, filed on Wednesday with the SEC to raise up to $115 million in an initial public offering.

The Rosh Ha’Ayin, Israel-based company, which was founded in 2002 and booked $66 million in sales for the 12 months ended December 31, 2014, plans to list on the NASDAQ under the symbol KRNT. Kornit Digital initially filed confidentially on December 10, 2014. Barclays and Citi are the joint bookrunners on the deal. No pricing terms were disclosed.