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Aspen Aerogels closes IPO at price of $11.00/share
19 Jun '14
1 min read
Aspen Aerogels, Inc. announced the closing of its initial public offering of 7,500,000 shares of common stock at a public offering price of $11.00 per share for total gross proceeds of $82,500,000. The shares began trading on the New York Stock Exchange on June 13, 2014 under the symbol "ASPN."
Barclays, J.P. Morgan, and Citigroup acted as joint book-running managers for the offering. Baird and Canaccord Genuity acted as co-managers.
About Aspen Aerogels, Inc.
Aspen Aerogels is an energy technology company that designs, develops and manufactures innovative, high-performance aerogel insulation used primarily in large-scale energy infrastructure facilities. Headquartered in Northborough, Mass., Aspen Aerogels manufactures its Cryogel, Pyrogel and Spaceloft products at its facility in East Providence, R.I.
Aspen Aerogels
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