SemiLEDs Corporation, which manufactures LED chips and components used in general lighting applications, raised $89 million by offering 5.25 million shares at $17, above the range of $14.50-$16.50. SemiLEDs Corporation plans to list on the NASDAQ under the symbol LEDS. BofA Merrill Lynch, Barclays Capital and Jefferies & Co. acted as lead managers on the deal.
