Atomera Incorporated (NASDAQ: ATMR), a Los Gatos, California-based semiconductor materials and intellectual property licensing company focused on deploying its proprietary technology into the semiconductor industry, closed its initial public offering of 3,680,000 shares of common stock at a price of $7.50 per share.
This common stock included 480,000 shares sold as a result of the underwriter’s exercise in full of its overallotment option.
Gross proceeds to Atomera from this offering are $27.6m before deducting underwriting discounts, commissions and other offering expenses.
Led by Scott Bibaud, CEO, and Robert Mears, CTO and Founder, Atomera has developed Mears Silicon Technology (MST ®) CMOS technology, an ultra-thin film of reengineered semiconductor that increases performance and power efficiency by improving the conductive “channel” at the heart of a transistor.
FinSMEs
11/08/2016