LED phosphor supplier Intematix has intended to conduct a registered initial public offering(IPO)of its common stock.
The IPO is expected to commence after the Securities and Exchange Commission(SEC)completes the review process initiated by Intematix's confidential submission on July 13,2012 of its draft registration statement,subject to market and other conditions.
Phosphors help control LED luminous efficacy and color to bring the technology on a level with traditional lighting.Phosphors used in LED lighting applications will see a market increase to over$1.6 billion by 2019,according to a recent NanoMarkets report.
Source:
http://www.ledinside.com/intematix_ipo_20120720
