A123Systems Was Officially the Largest IPO of 2009

One more look back at 2009 — the $371 million IPO of lithium battery maker A123Systems back in late September, was the largest of last year, according to a report from Dow Jones VentureSource. Investors definitely had confidence in the company on September 24, 2009, and that morning A123 Systems’ stock leapt more than 50 percent to close at $20.29 per share after pricing at $13.50 per share.

First off, A123 Systems’ lead makes the IPO prospects for greentech firms, and particularly electric vehicle companies, in 2010 look pretty good.

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