After a somewhat underwhelming IPO back in July, Woburn, MA-based Monotype Imaging (NASDAQ: [[ticker:TYPE]]) has filed for a secondary offering of up to 6.9 million shares. Proceeds from the stock sale could total some $101 million and will go to selling stockholders of the text-imaging firm, including TA Associates Funds, which is offering 5.2 million of the 17 million Monotype shares that it currently holds.
Author: Rebecca Zacks
Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.
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