Tag: IPOs
Commentary on A123 Systems IPO and Potential for More Nano IPOs
by Kevin Rippey on Dec.03, 2009, under Industry Coverage
There is an excellent column from Nanotechnology Now about the A123 Systems IPO as well as the state of other nanotech IPOs
There’s a lot to like about the article and it gives a good breakdown of the current state of potential IPOs for nanotech companies. Allan Shalleck the author notes that financing for nanotech companies remains tight in light of the financial crisis and that there is little appetite for companies that remain unprofitable (most nanotech firms). I feel that Alan’s conclusion that “the IPO window is still closed” is accurate for the time being especially in light of the roller coaster performance of A123 since October (the stock is still down more than 40% from October highs). However, he doesn’t really address the positive outlook for the broad economy going forward or the effect this stabilization might have on IPO prospects. 2010 may just turn out to be a year defined by Nanotech IPOs.
Full Story: Here
