NEW YORK, Dec 18 (Reuters) - Orion Energy Systems Inc OESX.O, a maker of lighting systems, raised $100 million on Tuesday with an initial public offering that priced in the middle of expectations.
The 7.7 million share offering sold for $13 per share, compared with a forecast range of $12 to $14, according to an underwriter.
Underwriters, led by Thomas Weisel Partners, have the option to purchase an additional 1.2 million shares to cover overallotments.
The company, which sells efficient lighting systems to companies such as Coca-Cola Inc KO.N and Kraft KFT.N, plans to list its shares on Nasdaq under the symbol "OESC" OESX.O.
Reporting by Lilla Zuill, editing by Richard Chang
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