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Atomera, a micro-cap silicon company, increases proposed IPO deal size

Atomera, which sells thin film reengineered silicon to enhance CMOS-type transistors, raised the proposed deal size for its upcoming IPO on Friday.

The Los Gatos, CA-based company now plans to raise $24 million by offering 3.2 million shares at a price of $7.50. The company had previously filed to offer 2.4 million shares at the same price. At the proposed price, Atomera will raise 33% more in proceeds than previously anticipated.

Atomera was founded in 2001 and plans to list on the Nasdaq under the symbol ATMR. National Securities is the sole bookrunner on the deal.

The article Atomera, a micro-cap silicon company, increases proposed IPO deal size originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

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


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

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