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Orbotech Files for Possible US IPO

Published: 28 December 2009
 by Staff

YAVNE, ISRAEL -- Orbotech has filed preliminary paperwork with the US Securities and Exchange Commission as part of a future IPO for up to $150 million of ordinary shares or other securities.

The company did not set the specifics, including prices and terms.

The company’s shelf registration statement has been filed with the SEC but has not yet become effective, and until the registration statement is declared effective by the SEC the securities registered may not be sold, nor may offers to buy be accepted.

Orbotech currently is traded on the Nasdaq and Frankfurt exchanges.

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