- CVRx (NASDAQ:CVRX) announces upsized pricing of its initial public offering of 7M shares at a public offering price of $18/share from $15 to $17/share.
- Underwriters granted a 30-day option to purchase up to an additional 1.05M shares of common stock at the initial public offering price.
- The gross proceeds from the offering are expected to be ~$126M.
- The shares are expected to begin trading on the Nasdaq on June 30, 2021 under the ticker symbol “CVRX.”
- Previously (June 23): Medical device maker CVRx files for IPO valuing the company up to $331 million