Ichor Holdings, which provides fluid delivery subsystems for semiconductor equipment manufacturers, announced terms for its IPO on Tuesday.
The Fremont, CA-based company plans to raise $75 million by offering 5.8 million shares at a price range of $12 to $14. At the midpoint of the proposed range, Ichor Holdings would command a fully diluted market value of $310 million.
Ichor Holdings was founded in 1999 and booked $339 million in sales for the 12 months ended September 30, 2016. It plans to list on the Nasdaq under the symbol ICHR. Deutsche Bank and Stifel are the joint bookrunners on the deal. Its is expected to price during the week of December 5, 2016.
