Date: May 17, 2013 Author: Renaissance Capital Source: NASDAQ News (
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Aspen Aerogels, which manufactures aerogel insulation principally used by petrochemical and power generation facilities, withdrew its plans for an initial public offering on Friday. The Northborough, MA-based company was founded in 2001, and initially filed for a $115 million IPO in June 2011. Goldman Sachs and Morgan Stanley were set to be the joint bookrunners on the deal.
