BUZZ-Bain-backed Kestra Medical set to open 95% above offer price after upsized $202 mln IPO

Reuters
03-06
BUZZ-Bain-backed Kestra Medical set to open 95% above offer price after upsized $202 mln IPO

** Shares of medical device maker Kestra Medical Technologies KMTS.O set to open 95% above offer price in Nasdaq debut

** Stock indicated to open at $33.15 vs $17 IPO price

** KMTS, backed by buyout firm Bain Capital, sold ~11.9 mln shares in its upsized offering - 19% more than initially offered, and above its marketed range of $14 and $16 apiece to raise $202 mln

** Listing marks first notable March IPO and the third medical device maker flotation in New York since October

** KMTS competes in the wearable cardioverter defibrillator market that has been dominated by Zoll Medical

** BofA Securities, Goldman Sachs and Piper Sandler were the lead bookrunners for the offering

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10