Ichor Holdings, which provides fluid delivery subsystems for semiconductor capital equipment OEMs, raised $53 million by offering 5.9 million shares at $9, below the range of $12 to $14. Ichor Holdings plans to list on the Nasdaq under the symbol ICHR. Deutsche Bank and Stifel acted as lead managers on the deal....more
InnoLight Technology, which manufactures high-speed optical transceivers for data networks, withdrew its plans for an initial public offering on Thursday. It originally filed in June 2015 with a proposed deal size of $100 million. It last filed an amendment to its application in August of 2015. Public peer Acacia Communications is the top performing IPO of the year, up 216% from its May IPO.
Primary shareholders include Google Capital, Suzhou Oriza Holdings, Lightspeed China Partners, ITC Vision, Hsing Hsien Kung and Sheng Liu.
Athene Holding, an Apollo-backed provider of fixed annuities with $87 billion in assets, raised $1.1 billion in an upsized deal by offering 27 million shares at $40, the midpoint of the $38 to $42 range. Athene Holding plans to list on the NYSE under the symbol ATH. Goldman Sachs, Barclays, Citi, Wells Fargo Securities, BofA Merrill Lynch, BMO Capital Markets, Credit Suisse, Deutsche Bank, J.P. Morgan, Morgan Stanley, RBC Capital Markets, BNP Paribas, BTIG, Evercore ISI, SunTrust Robinson Humphrey and UBS Investment Bank acted as lead manager...more
SenesTech, which is commercializing a non-lethal rodent control chemical that lowers rat fertility, raised $15 million by offering 1,875,000 shares at $8, below the previously lowered $9 to $11 range. At this price it commands a market value of $91 million. It originally filed to raise $20 million by offering 2 million shares at the $12 to $14 range, targeting a market cap of $152 million. The stock closed up 2.0% after the first day of trading.
The Flagstaff, AZ-based company was founded in 2004 and has no revenue to date. Septe...more