A123 Systems (AONE) Sees IPO Price of $8-$9.50

September 9, 2009 4:45 PM EDT

A123 Systems, Inc. (Nasdaq: AONE) has filed an amended registration statement with the SEC for an initial public offering of its common stock. The Company is offering 25,680,501 shares and expects the offering price to be between $8.00-$9.50 per share. The Company plans to list on the NASDAQ under the symbol "AONE".

The offering is being made through Morgan Stanley, Goldman Sachs, BofA Merrill Lynch, Deustche Bank, Lazard Capital Markets and Pacific Crest Securities.

A123 designs, develops, manufactures and sells advanced, rechargeable lithium-ion batteries and battery systems.


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on the IPO calendar
MLM on Sep 14, 2009 05:27 PM

One of 8 deals pricing the week of Sept 21, hoping to raise $225mm http://www.renaissancecapital.com/ipohome/calendars/ondeck.aspx


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