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Micro-cap antenna maker Airgain files for a $17 million IPO

July 15, 2016
AIRG

Airgain, which supplies embedded antennas for Wi-Fi routers and other electronic device, filed on Friday with the SEC to raise up to $17 million in an initial public offering.

The San Diego, CA-based company was founded in 1995 and booked $31 million in sales for the 12 months ended March 31, 2016. It plans to list on the Nasdaq under the symbol AIRG. Northland Securities is the sole bookrunner on the deal. No pricing terms were disclosed.