BEST files initial public offering of common stock

NewsGuard 100/100 Score

Bruker Corporation ("Bruker") (NASDAQ: BRKR), a leading global provider of high-performance scientific instruments, and Bruker Energy & Supercon Technologies, Inc. ("BEST"), a leading provider of superconducting technology and enabling tools and a Bruker subsidiary, today announced that BEST has filed a Form S-1 Registration Statement with the United States Securities and Exchange Commission relating to the proposed initial public offering (the "offering") of common stock of BEST. The offering may include shares offered by Bruker as a selling stockholder. The number of shares to be offered by BEST and by Bruker and the price range for the offering have not yet been determined. Bruker intends to retain a controlling equity interest in BEST for the foreseeable future.

A registration statement relating to the common stock to be sold in the offering has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor any offers to buy be accepted prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Jefferies & Company, Inc. and UBS Investment Bank are acting as joint book-running managers for the offering. Needham & Company, LLC is acting as lead manager and Gleacher & Company Securities, Inc. is acting as co-manager for the offering.

Posted in:

Tags: ,

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

You might also like...
How do different people define 'healthy eating'?