Applied Optoelectronics prices IPO at $10, below the range

By Renaissance Capital,

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Applied Optoelectronics, which engineers and manufactures fiber-optic networking products, raised $36 million by offering 3.6 million shares at $10, below the range of $13.00 to $15.00. Applied Optoelectronics plans to list on the NASDAQ under the symbol AAOI. Applied Optoelectronics initially filed confidentially on April 4, 2013. Raymond James and Piper Jaffray acted as lead managers on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines IPOs
Referenced Stocks: AAOI

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