NLIGHT, INC. 8-K

What Happened nLIGHT, Inc. (LASR) announced on Feb 4, 2026 (underwriting agreement dated Feb 3, 2026) that it has agreed to a firm underwritten public offering of 3,977,273 shares of its common stock at $44.00 per share. The lead underwriting representatives are Stifel, Nicolaus & Company, Robert W. Baird & Co., William Blair & Company and Raymond James & Associates. The underwriters purchase the shares from the company at $42.02 per share, and the offering is expected to close on or about Feb 5, 2026, subject to customary closing conditions.

Key Details

• Company to receive estimated net proceeds of approximately $166.5 million (about $191.5 million if underwriters fully exercise a 30-day option to buy 596,590 additional shares).
• Offering size: 3,977,273 shares; public price: $44.00/share; company sale price to underwriters: $42.02/share.
• Use of proceeds: working capital, capital expenditures and other general corporate purposes.
• Lock-up: the company and its executive officers and directors agreed to customary 60‑day lock-up agreements restricting sales of company securities.

Why It Matters This transaction will materially increase nLIGHT’s cash balance if completed, providing capital for operations and investments without incurring debt. At the same time, issuing new shares dilutes existing shareholders; dilution could be larger if the underwriters exercise their overallotment option. The offering’s completion is subject to customary conditions and market factors, so proceeds and timing are not guaranteed.