Lumera Files for IPO

Bothell, Wash.-based Lumera, a majority owned subsidiary of Microvision, has filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering of 5,000,000 shares of its common stock, a move that could raise as much as $28 million based on pricing of between $5 to $6 a share. The company, which makes antennas for wireless communications and biochips, plans to trade on the Nasdaq SmallCap Market. For more about the company, please see BAN 5/12/2004.

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