Aspen Aerogels prices IPO at $11, below the range

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Aspen Aerogels, which manufactures high-performance aerogel insulation used in energy facilities, raised $83 million by offering 7.5 million shares (vs. 6.7 million originally planned) at $11, well below the $14 to $16 range. Aspen Aerogels plans to list on the NYSE under the symbol ASPN. Barclays, J.P. Morgan and Citi acted as joint bookrunners on the deal.



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



This article appears in: News Headlines , IPOs

Referenced Stocks: ASPN

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