LED maker Lighting Science Group Corporation (LSG) (OTC Bulletin Board: LSCG) has filed for a $150 million intial public offering on the Nasdaq.
The Florida-based company is one of a handful of US companies with consumer LEDs on the market.
Majority ownership in the company belongs to Pegasus Capital Advisors–the same fund behind the IPO of rare earth company Molycorp.
Following last week’s IPO for biofuel company Gevo (Nasdaq: GEVO), some industry watchers are suggesting this may be a big year for cleantech IPO’s.
Other potential debuts on the horizon inlclude solar thermal company BrightSource Energy; smart grid company Silver Spring Networks; and algae company Solazyme.
Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC will act as joint book-running managers for the LSG offering.
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