N-trig Issues Draft Prospectus For $80M TASE Public Offering

October 26, 2014 | The active pen creator for tablets and other smart devices, N-trig has issued a draft prospectus for offering its shares on the Tel Aviv Stock Exchange. The current offering is set to be for a total of $80 million, of which the company will try to raise $20 million. This is a lower amount than was previously anticipated, with the company speaking earlier of raising up to $30 million at a $120 million valuation. N-trig is the producer of DuoSense, integrated pen and touch technology, founded in 1999. The company is currently headquartered in Israel with customer service locations in the North America, Taiwan, Japan and China.