Two local companies going public

Two local (southwest Virginia) companies announced last week they will be publicly traded – nTelos (Waynesboro, Va) and Luna Innovations (Roanoke, Va). Luna has filed for an IPO, while nTelos priced their IPO at $12/share and raised $144 million last week (NTLS). This is great news for the whole region and will provide more exposure to all the technology companies coming out of here.