The saying “there’s no smoke without fire” was conceived for a reason. It’s generally true! And in the case of the rumours circulating in recent months about the Belgian 3D Printing company, Materialise, considering its market position in terms of filing an IPO, it’s definitely true. Shane first covered the possibility back in November of last year.
According to Reuters, Materialise filed papers to this end with U.S. regulators on Wednesday, April 3rd. The aim is to raise about $125 million in an initial public offering of American Depositary Shares, stating that Piper Jaffray and Credit Suisse would be the lead underwriters.
No more details have emerged yet, but the company is likely to fill in the gaps soon. I just hope it doesn’t affect their admirable culture too much.