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Medical 21 Filed Terms, MAVG

Developing a synthetic regenerative graft for coronary bypass surgery.

Industry: Health Care

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Industry: Health Care

Medical 21 is a developmental-stage medical technology company dedicated to revolutionizing coronary artery bypass grafting (“CABG”) surgery. Our flagship product, the MAVERICS small-diameter synthetic regenerative graft, is an investigational device designed to serve as an alternative conduit to harvested autologous vessels. By potentially reducing or avoiding the need for traditional vessel harvesting, MAVERICS is intended to simplify the CABG procedure and decrease patient morbidity associated with additional surgical incisions. MAVERICS has not been approved by the U.S. Food and Drug Administration (“FDA”) or any foreign regulatory authority, and its safety and efficacy have not been established. While CABG remains essential for treating coronary artery disease (“CAD”), we believe there is a pressing need for safer, more reliable vascular conduits that address the limitations of autologous vessels, which may include variable quality, limited availability, and morbidity related to harvesting. The MAVERICS graft is engineered to integrate with a patient’s own cells, supporting natural healing while avoiding foreign body rejection. Because the device incorporates synthetic polymers and nitinol support, regulatory review and clinical evaluation will be required to determine whether the graft can safely and effectively integrate into patient care.
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IPO Data
IPO File Date 02/19/2026
Offer Price
Price Range $10.00 - $12.00
Offer Shares (mm) 2.3
Deal Size ($mm) $25
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $10.00 - $12.00
Offer Shares (mm) 2.3
Deal Size ($mm) $25
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
ThinkEquity
Company Data
Headquarters Minneapolis, MN, United States
Founded 2016
Employees at IPO 9
Website www.medical21.com

Medical 21 (MAVG) Performance