Applied Optoelectronics to price initial public offering of stock

Raymond James and Piper Jaffray are bookrunners; Cowen, Roth to assist

By Devika Patel

Knoxville, Tenn., Aug. 13 - Applied Optoelectronics, Inc. will conduct an initial public offering of its common stock with a 30-day greenshoe option, according to a Form S-1 filed Tuesday with the Securities and Exchange Commission.

Raymond James and Piper Jaffray are the joint bookrunning managers. Cowen and Co. and Roth Capital Partners are the co-managers.

Proceeds will be used for working capital, capital expenditures and debt repayment.

The provider of fiber-optic networking products is based in Sugar Land, Texas. The company intends to list its common stock on the Nasdaq under the symbol "AAOI."

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.