Monday, October 9, 2017

Aquantia Files For IPO

San Jose-based Aquantia has filed for an IPO, saying in an S-1 filing that it is looking to raise up to $86.25M in an IPO on the New York Stock Exchange. The company has applied to list as AQ. The IPO is being underwritten by Morgan Stanley, Barclays, Deutsche Bank Securities, Needham & Company, and Raymond James. Aquantia is backed by Aquan, RUSNANO, Pinnacle Ventures, Walden Inernational, GLOUBALFOUNDRIES, Paxion Partners, and others. Aquantia is a developer of high speed, communications ICs for the Ethernet and other markets.