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Pulse Biosciences files and sets terms for a $20 million IPO

December 22, 2015
PLSE.RC

Pulse Biosciences, which is developing treatments for solid tumors based on pulsed electric fields, filed and ster terms for its IPO on Tuesday.

The Burlingame, CA-based company plans to raise $20 million by offering 5.0 million shares at a price range of $4. At that price, Pulse Biosciences would command a fully diluted market value of $51 million. 

The Burlingame, CA-based company was formed in 2014 and plans to list on the Nasdaq. It did not disclose a proposed ticker symbol. MDB Capital Group is the sole bookrunner on the deal. No pricing date was disclosed.