Comments on: A123Systems IPO Could Bring $10M-Plus Windfall for Boston University, Sources Say. (MIT’s Stake Likely Not Too Shabby, Either.)

By: The upside of equity deals: IPO brings windfall for Boston U, MIT | Technology Transfer Tactics

Wed, 07 Oct 2009 20:05:58 +0000

[...] Source: Xconomy [...]

By: peHUB » peHUB First Read

peHUB » peHUB First Read — Mon, 05 Oct 2009 11:33:14 +0000

[...] * Boston University and MIT stand to reap huge rewards from the IPO of battery-maker A123. [...]

By: Robert Buderi

Robert Buderi — Sat, 03 Oct 2009 14:35:03 +0000

Doug and Wilbur

You both raise good points. I have not been able to confirm how BU got its shares, or even how much it has–the 500K is just an informed guess, but I think it is very close. A university presumed to be MIT got 200,000 for the licensing–that is in the SEC document. But MIT might also have purchased more, as per Lita Nelsen’s comments. Both have under 5 percent of company stock, or their holdings would have to be listed.

By: Wilbur Stelios

Wilbur Stelios — Sat, 03 Oct 2009 02:00:14 +0000

Obviously BU didn’t get 500,000 shares for just rent. Actually both BU and MIT purchased most of their shares in A123. At least BU and MIT will try to do something worthwhile with the money.

By: Doug

Doug — Fri, 02 Oct 2009 20:41:24 +0000

Not sure why BU has 500,000 shares and MIT only has 200,000. That’s expensive rent and cheap IP!