nLIGHT Successfully Completes Public Offering with Full Exercise of Over-Allotment Option, Raising Total Proceeds of Approximately $201 Million
Camas, Washington ,nLIGHT, a leading global provider of high-power lasers for mission-critical directed energy, optical sensing, and advanced manufacturing applications, today announced the successful completion of its previously announced public offering of common stock, including the full exercise of the underwriters’ option to purchase additional shares.
The company initially offered 3,977,273 shares of common stock, which closed on February 5, 2026. Following the initial closing, the underwriters elected to exercise in full their option to purchase an additional 596,590 shares at the public offering price of $44.00 per share, raising approximately $26 million in additional gross proceeds. With this exercise, the total gross proceeds from the public offering increased to approximately $201 million, before deducting underwriting discounts, commissions, and other offering expenses payable by nLIGHT. The issuance and sale of these additional shares closed today.
The offering was led by a strong syndicate of financial institutions. Stifel, Baird, William Blair, and Raymond James served as joint lead book-running managers. Cantor acted as a book-running manager, and Needham & Company acted as co-manager for the offering. The collaboration of these highly experienced underwriters underscores investor confidence in nLIGHT’s strategic vision and the growing demand for advanced laser technologies.
This offering was conducted under an automatically effective shelf registration statement on Form S-3, including a base prospectus, which was filed with the Securities and Exchange Commission (SEC) on February 3, 2026. The public offering was made solely by means of a prospectus supplement and accompanying base prospectus forming part of the registration statement. Both the prospectus supplement and base prospectus have been filed with the SEC and are publicly available on the SEC’s website at www.sec.gov.
Investors seeking copies of the final prospectus supplement and base prospectus may contact the following underwriters directly:
- Stifel, Nicolaus & Company, Incorporated – Attention: Syndicate Department, 1201 Wills St., Suite 600, Baltimore, MD 21231, Telephone: (855) 300-7136, Email: SyndProspectus@Stifel.com
- Robert W. Baird & Co. Incorporated – Attention: Syndicate Department, 777 E. Wisconsin Avenue, Milwaukee, WI 53202, Telephone: (800) 792-2473, Email: syndicate@rwbaird.com
- William Blair & Company, L.L.C. – Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, IL 60606, Telephone: (800) 621-0687, Email: prospectus@williamblair.com
- Raymond James & Associates, Inc. – Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, FL 33716, Telephone: (800) 248-8863, Email: prospectus@raymondjames.com
This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities in any jurisdiction where such an offer or sale would be unlawful prior to registration or qualification under applicable securities laws.
About nLIGHT
nLIGHT, Inc., headquartered in Camas, Washington, is a world leader in the design and manufacture of high-power lasers for mission-critical applications in directed energy, optical sensing, and advanced manufacturing. With operations across the United States, Europe, and Asia, the company employs approximately 800 people and continues to drive innovation in laser technology for both industrial and defense markets.
nLIGHT’s cutting-edge laser solutions enable precision manufacturing, advanced energy systems, and high-performance sensing technologies, supporting applications that demand reliability, scalability, and exceptional performance. Through ongoing investment in research and development, nLIGHT is well-positioned to meet the evolving needs of its global customers and expand its leadership in high-power laser technologies.
