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ACM Research Priced, Nasdaq: ACMR

Sells single-wafer wet cleaning equipment to semiconductor manufacturers.

Industry: Technology

First Day Return: +8.0%

Industry: Technology

We develop, manufacture and sell single-wafer wet cleaning equipment, which semiconductor manufacturers can use in numerous manufacturing steps to remove particles, contaminants and other random defects, and thereby improve product yield, in fabricating advanced integrated circuits, or chips. Our Ultra C equipment is designed to remove random defects from a wafer surface effectively, without damaging a wafer or its features, even at an increasingly advanced process node (the minimum line width on a chip) of 22 nanometers, or less. Our equipment is based on our innovative, proprietary Space Alternated Phase Shift, or SAPS, and Timely Energized Bubble Oscillation, technologies. We developed our proprietary technologies to enable manufacturers to produce chips that reach their ultimate physical limitations while maintaining product yield, which is the percentage of chips on a wafer that meet manufacturing specifications.
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IPO Data
IPO File Date 09/13/2017
Offer Price $5.60
Price Range $7.50 - $9.50
Offer Shares (mm) 2.0
Deal Size ($mm) $11
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/02/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $11
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Fremont, CA, United States
Founded 1998
Employees at IPO 187
Website www.acmrcsh.com

ACM Research (ACMR) Performance