Novanta Inc. raises $300 million in a private placement with institutional investors. The funding is expected to close around June 11, 2026.
PUBLIC · NOVTJun 09, 2026
Amount Raised
$300 Million
Round Type
Post-IPO Equity
BedfordOtherManufacturingInformation Technology
Description
Novanta Inc. has announced a private placement for approximately $300 million, consisting of 2,142,857 common shares priced at $140.00 each. The private placement will close on or about June 11, 2026, pending customary conditions. This initiative is directed towards institutional and accredited investors.
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Company Information
Company
Novanta
Location
125 Middlesex Turnpike
Bedford, Massachusetts, United States
About
Novanta is a leading global supplier of core technology solutions that give medical and advanced industrial original equipment manufacturers (“OEMs”) a competitive advantage. We combine deep proprietary technology expertise and competencies in photonics, vision and precision motion with a proven ability to solve complex technical challenges. This enables Novanta to engineer core components and sub-systems that deliver extreme precision and performance, tailored to our customers’ demanding applications. The driving force behind our growth is the team of innovative professionals who share a commitment to innovation and customer success. Novanta’s common shares are quoted on Nasdaq under the ticker symbol “NOVT”.
More information about Novanta is available on the Company’s website at www.novanta.com. For additional information, please contact Novanta Inc. Investor Relations at (781) 266-5137 or InvestorRelations@novanta.com.
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