ConforMIS announces initial public offering price for shares of common stock
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ConforMIS has announced a public offering price of $15 per share before underwriting discounts for the pricing of its initial public offering of 9,000,000 shares of common stock.
According to a press release, the underwriters have been granted the option to purchase up to 1,350,000 additional shares of common stock at the public offering price, less the underwriting discount. ConforMIS common stock is expected to begin trading under the symbol “CFMS” on July 1 and is expected to close on July 7, subject to customary closing conditions.
Deutsche Bank Securities and J.P. Morgan are acting as joint book-running managers for the offering, and Wells Fargo Securities, Canaccord Genuity and Oppenheimer & Co. will serve as the co-managers, according to the release.
Reference: www.conformis.com.