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Aspen Aerogels withdraws $115 million IPO

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May 17, 2013 — 05:01 am EDT

Written by Renaissance Capital->

Aspen Aerogels, which manufactures aerogel insulation principally used by petrochemical and power generation facilities, withdrew its plans for an initial public offering on Friday. The Northborough, MA-based company was founded in 2001, and initially filed for a $115 million IPO in June 2011. Goldman Sachs and Morgan Stanley were set to be the joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Renaissance Capital
Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products.
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