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Micro-cap semiconductor co. atomera sets terms for $18 million IPO

June 30, 2016
ATMR

atomera, which sells thin film reengineered silicon to enhance CMOS-type transistors, announced terms for its IPO on Thursday.

The Los Gatos, CA-based company plans to raise $18 million by offering 2.4 million shares at a price of $7.50. At the midpoint of the proposed range, atomera would command a fully diluted market value of $78 million.

atomera was founded in 2001. It plans to list on the Nasdaq under the symbol ATMR. National Securities is the sole bookrunner on the deal. Pricing information was not disclosed.