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Materialise prices IPO at $12, the low end of the range

June 25, 2014

Materialise, which sells 3D printing software and custom medical and industrial products, raised $96 million by offering 8.0 million shares at $12, the low end of the range of $12 to $14. Materialise plans to list on the NASDAQ under the symbol MTLS. Materialise initially filed confidentially on 2/24/2014. Piper Jaffray and Credit Suisse acted as lead managers on the deal.