Aug 1, 2011 - Intermolecular Inc, a US semiconductor and clean technology company, last week announced plans to raise up to USD 200 million (EUR 139m) in an initial public offering (IPO).
The company plans to use the proceeds for working capital and other corporate needs, it said in its registration statement with the US Securities and Exchange Commission (SEC).
The number of shares to be floated and the IPO price have not been set yet.
Intermolecular will trade under the ticker symbol IMI.
Morgan Stanley (NYSE:MS), JP Morgan Securities and Barclays Capital will act as joint book-runners for the transaction.
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