ClearSign Combustion, a Seattle company that is developing technologies to make boilers, furnaces, turbines and other combustion systems more efficient, launched itself into the stock market Wednesday with the smallest local initial public offering in a decade.
An early-stage Seattle company that went public Wednesday with a $12 million stock offering appears to be one of the first, if not the first, in the nation to make use of the new JOBS Act.
ClearSign Combustion, which is developing technologies to make boilers, furnaces, turbines and other combustion systems more efficient, said it would take advantage of a provision in the new law that allows it to delay adopting new or revised accounting standards.
To read the full, original article click on this link: ClearSign's $12M IPO among first to use JOBS Act exemptions | Business & Technology | The Seattle Times
