- Free Writing Prospectus - Filing under Securities Act Rules 163/433 (FWP)
February 28 2012 - 6:21AM
Edgar (US Regulatory)
Filed Pursuant to Rules 163 and 433
Registration No. 333-179722
February 27, 2012
IPG Photonics Corporation Launches Public
Offering of Shares
Oxford, MA. February 27, 2012
IPG Photonics Corporation (Nasdaq Global Market: IPGP) (IPG or the Company) today announced that it has commenced a public offering of up to 3,000,000 shares of its common stock,
consisting of 2,800,000 shares to be sold by the Company and up to 200,000 shares to be sold by the Companys chairman and chief executive officer, Dr. Valentin P. Gapontsev. The Company intends to grant to the underwriters a 30-day
option to purchase up to an additional 450,000 shares of the Companys common stock.
The Company plans to use the net
proceeds of the offering for general corporate purposes and to fund capital expenditures and working capital requirements. The Company may also use some of the net proceeds for acquisitions of complementary businesses and technologies, although no
such acquisitions are currently pending.
BofA Merrill Lynch will be the sole bookrunning manager for this offering and
Needham & Company, LLC and Stifel Nicolaus Weisel will act as co-managers.
An automatic shelf registration statement
relating to the securities to be offered in this offering was filed with the Securities and Exchange Commission (the SEC) on February 27, 2012. The offering of these securities will be made pursuant to a prospectus supplement to the
prospectus contained in the shelf registration statement, which prospectus supplement will be filed with the SEC. The prospectus and prospectus supplement will be available at no charge on the SECs Web site at www.sec.gov. When available,
copies of the prospectus and prospectus supplement also may be obtained from BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attention: Prospectus Department, or by emailing a request to dg.prospectus_requests@baml.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
About IPG Photonics Corporation
IPG Photonics Corporation is the leading
developer and manufacturer of a broad line of high-performance fiber lasers, fiber amplifiers and diode lasers that are used in numerous applications in diverse end markets. IPG has its headquarters in Oxford, Massachusetts, and has additional
plants and offices throughout the world. For more information, please visit www.ipgphotonics.com.
Contact:
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Tim Mammen
Chief Financial
Officer
IPG Photonics Corporation
(508) 373-1100
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David Calusdian
Executive
Vice President
Sharon Merrill
(617)
542-5300
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The issuer may file a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that
registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively,
the Company will arrange to send you the prospectus after filing if you request it by calling toll-free 1-877-980-1550.
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