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IPG Photonics Files for IPO

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OXFORD, Mass., Aug. 14, 2006 -- IPG Photonics Corp. announced Friday it has registered with the Securities and Exchange Commission (SEC) for an initial public offering of up to $130 million in common stock. The number of shares to be offered and the price range for the offering have not yet been determined. IPG Photonics said it expects to use the net proceeds from the offering to repurchase its Series B warrants, to repay certain debt and for general corporate purposes. IPG Photonics makes fiber lasers and amplifiers for diverse applications in numerous markets. Its headquarters and manufacturing facilities are...Read full article

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    Published: August 2006
    industrialinitial public offeringIPG PhotonicsNews & FeaturesSecurities and Exchange Commission

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