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German display solutions provider VIA optronics prices US IPO at $15 low end

September 25, 2020
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VIA optronics, a German provider of sunlight readable, ultrathin display and touch solutions, raised $94 million by offering 6.3 million ADSs at $15, the low end of the range of $15 to $17. The company's commercial partner, Corning, has agreed to purchase 1.4 million ADSs at $14.25 (95% of the offer price) in a concurrent private placement.

VIA optronics plans to list on the NYSE under the symbol VIAO. Berenberg acted as a lead manager on the deal.