Technology Stocks
An SI Board Since March 2000
Posts SubjectMarks Bans Symbol
42 5 0 NVMI
Emcee:  Mike Sendler Type:  Unmoderated
This is an existing company with many years of experience and systems installed all around the world. The system used on CMP tools for in-situ thickness measurement.

Wednesday March 15, 5:50 am Eastern Time
Israel's Nova seeks to raise $60 mln in Nasdaq IPO
JERUSALEM, March 15 (Reuters) - Israel's Nova Measuring Instruments Ltd has filed for a $60 million initial public offering on Nasdaq, its parent companies said on Wednesday.

The offering will be priced at $18 to $20 a share, the companies said in a statement to the Tel Aviv Stock Exchange.

This price values Nova at $230 million to $260 million before the offering, the statement said.

A Nova source said the money would be used for supporting reserarch and development, working capital and general corporate purchases. He said that although there is no set timetable, the offering should take place within a few weeks.

Brokerages Chase, SG Cowen and Needham will be the main underwriters.

Nova's major shareholder Clal Electronics currently owns a 25 percent stake but this will be reduced to 19 percent after the IPO. Clal said it expects a $10 million capital gain from the offering.

Nova develops, produces and markets monitoring and measurement systems for the semiconductor manufacturing industry.
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
42Nova Expects $50 Million in Revenue for the Fourth Quarter, Exceeding Guidance fJakeStraw-1/26/2017
41Nova Reports Record Revenues for Third Quarter 2016
40Nova Receives Repeat Order for Advanced X-Ray Solution from a Leading Memory CusJakeStraw-7/6/2016
39Hi Jake , I guess every year or so I need a wake up call. Good to see businessrobert b furman-4/8/2014
38Nova Receives Multiple Orders for its Advanced Software Solutions
37HI Jake, Should've known you'd be over here. Nice forward view of busrobert b furman-2/20/2013
36Nova Measuring Instruments Ltd. (NVMI): After meeting with Nova’s CEO, Stifel NiJakeStraw-8/10/2012
35Nova Announces 2012 Second Quarter Results Highlights for theJakeStraw-7/31/2012
34Nova Delivers the T600 Stand Alone Metrology Tool to a Leading Memory ManufacturJakeStraw-6/20/2012
33Nova i500(R) Integrated Metrology Tool Selected by Leading Memory Manufacturer fJakeStraw-5/15/2012
32Nova Announces 2012 First Quarter Results "The pickup inJakeStraw-5/2/2012
31Nova Adds Another Leading Foundry to its Integrated Metrology Customer Base finaJakeStraw-4/4/2012
30Nova Receives over 12 Million Dollar Orders for Accelerated 2X nanometer ProductJakeStraw-3/12/2012
29Nova Measuring Instruments' CEO Discusses Q4 2011 Results - Earnings Call TrJakeStraw-2/15/2012
28Nova Announces 2011 Fourth Quarter and Full Year Results HighJakeStraw-2/15/2012
27Nova is Selected by Leading Asian Foundry to be the Tool of Record for its Most JakeStraw-12/5/2011
26Nova Gains Market Share in Stand-Alone Optical CD with Selection and Repeat OrdeJakeStraw-10/3/2011
25Nova Measuring Instruments' CEO Discusses Q2 2011 Results - Earnings Call TrJakeStraw-8/2/2011
24Nova Announces 2011 Second Quarter Results "Second quartJakeStraw-8/2/2011
23Nova Measuring Instruments Stands to Gain as Semiconductor Industry Moves to 3-DJakeStraw-7/13/2011
22Nova Pushing the Limits of 3D Profile Metrology With New Optical CD System finanJakeStraw-7/11/2011
21Nova i500(R) Gains Market Recognition With Multiple Customers Orders finance.yahJakeStraw-7/7/2011
20Nova Measuring Instruments designs, develops, produces and supplies integrated pJakeStraw-5/25/2011
19Needham upgrades NVMI to a Strong Buy today...JakeStraw-5/5/2011
18Nova Announces 2011 First Quarter Results Record Bookings and JakeStraw-5/4/2011
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
Copyright © 1995-2018 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.