Friday, July 1, 2016

Atomera Seeks $20M In IPO

Los Gatos-based Atomera, a company developing materials for the semiconductor market, has filed for an IPO, saying it is looking to raised $20M in an IPO on the Nasdaq Capital Market. The company as applied to list as ATMR. The company--which has no revenues and has yet to ship product--reported a net loss of $9.5M for 2015, and a loss of $2.48M for the three months ended March 31, 2016. The company is led by Scott A. Bibaud.