Renaissance Capital logo

Medical Industries of the Americas Filed, US Offering, Nasdaq: IAMR

Early-stage medical supplies manufacturer focused on latex gloves and disposable cold packs.

Industry: Health Care

Latest Trade: ()

First Day Return:

Return from IPO:

Industry: Health Care

Medical Industries of the Americas, Inc. is a U.S.-based medical supplies company that is in the process of outfitting a production facility for manufacturing dipped latex products, thermal packs, surgical marking products and disposable scalpels. We own a variety of machinery and equipment capable of producing dipped latex products and thermal packs. With this equipment, we are currently producing industrial grade powdered latex gloves and disposable cold packs. Eventually we plan produce additional latex products, such as latex exam and surgical gloves and condoms, additional varieties of thermal packs, and eventually surgical marking products and disposable scalpels. Our equipment includes four latex dip lines and twelve vertical form, fill and seal machines (“VFFSMs”). We also own additional manufacturing equipment which is currently on-site, including packaging machinery, product test equipment and instrumentation used for quality control. Once operational, the annual output of each glove line is estimated to be up to approximately 180 million gloves, and the annual output of each thermal pack system, consisting of two VFFSMs each, is estimated to be up to approximately 10 million thermal packs. These estimates are based on the historical output of the equipment.
more less
IPO Data
IPO File Date 02/14/2023
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Spartan Capital Securities
Company Data
Headquarters Beverly Hills, CA, United States
Founded 2017
Employees 4
Website www.miamericas.com

Medical Industries of the Americas (IAMR) Performance