March 22 Israel's Objet Ltd, which makes 3D
printers, filed with U.S. regulators on Thursday to raise up to
$75 million in an initial public offering of Class A common
In a filing with the Securities and Exchange Commission, the
company said J.P.Morgan, Goldman Sachs & Co and Needham & Co
would be underwriting its offering.
Objet's printers build 3D objects by depositing multiple
layers of resin one on top of another. The company had revenues
of $121.1 million in 2011.
3D printing is used to make prototypes of products as
diverse as shoes and toy cars and to customize objects.
The company, backed by former Goldman Sachs partner
Roy Zuckerberg and Samson Capital LLC, said it has applied to
list its shares on the Nasdaq under the symbol 'OBJT.'
The amount of money a company says it plans to raise in its
first IPO filings is used to calculate registration fees. The
final size of the IPO could be different.