nLIGHT, Inc. (LASR) Prices 2.2M Share Common Stock Offering at $34/Each

nLIGHT, Inc. (Nasdaq: LASR) today announced the pricing of its underwritten public offering of 2,205,883 shares of common stock pursuant to its existing shelf registration statement at a price to the public of $34.00 per share. The aggregate gross proceeds from the offering are expected to be approximately $75 million, before deducting the underwriting discounts and commissions and estimated offering expenses. In connection with the proposed offering, nLIGHT has granted the underwriters a 30-day option to purchase up to an additional 330,882 shares of its common stock at the public offering price, less the underwriting discounts and commissions. nLIGHT intends to use the net proceeds from the proposed offering for working capital, capital expenditures and other general corporate purposes. The offering is expected to close on March 8, 2021, subject to market and other customary closing conditions.

Stifel and Raymond James are acting as lead book-running managers for the proposed offering. Needham & Company, LLC, D.A. Davidson & Co., and Craig-Hallum Capital Group are acting as co-managers for the offering.

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