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Materialise NV announces updates on IPO


Monday, 7 Jul 2014 08:00am EDT 

Materialise NV:Says its Initial Public Offering, which closed on June 30.Underwriters have exercised in full their over-allotment option to purchase an additional 1.2 mln American Depositary Shares (ADS) at public offering price of $12 per ADS, less underwriting discount, from certain shareholders of company.Closing of over-allotment option exercise is expected to occur on July 7.Piper Jaffray and Credit Suisse are acting as joint book-running managers for offering.BB&T Capital Markets, Janney Montgomery Scott, Stephens Inc. and KBC Securities are acting as co-managers. 

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