Advanced Energy will go public
FORT COLLINS – Advanced Energy Industries Inc. soon will join the ranks of Northern Colorado’s public companies.
The Fort Collins-based maker of power-conversion and control systems registered with the U.S. Securities & Exchange Commission Sept. 21 to issue common stock valued at as much as $53.8 million.
That figure assumes the maximum offering price of $13 per share and issuance of the full 4.14 million shares by the company and certain stockholders. The company itself could receive closer to $26.4 million if fewer shares are issued or if the price per share is lower.
Officers and directors of the company will be paid…
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