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NeuroPace Priced, Nasdaq: NPCE

Makes a brain-responsive neuromodulation system for drug-resistant epilepsy.

Industry: Health Care

Latest Trade: $13.06 -0.50 (-3.7%)

First Day Return: +46.8%

Return from IPO: -20.2%

Industry: Health Care

We are a commercial-stage medical device company focused on transforming the lives of people suffering from epilepsy by reducing or eliminating the occurrence of debilitating seizures. Our novel and differentiated RNS System is the first and only commercially available, brain-responsive neuromodulation system that delivers personalized, real-time treatment at the seizure source. By continuously monitoring the brain’s electrical activity, recognizing patient-specific abnormal electrical patterns, and responding in real time with imperceptible electrical pulses to prevent seizures, our RNS System is programmed by clinicians to deliver the precise amount of therapy when and where it is needed and provides exceptional clinical outcomes with approximately three minutes of stimulation on average per day. Our RNS System is also the only commercially available device that records continuous brain activity data and allows clinicians to monitor patients not only in person, but also remotely, providing them the data they need to make more informed treatment decisions, thus optimizing patient care. We believe the therapeutic advantages of our RNS System, combined with the insights obtained from our extensive brain data set, offer a significant leap forward in epilepsy treatment.
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IPO Data
IPO File Date 03/24/2021
Offer Price $17.00
Price Range $15.00 - $17.00
Offer Shares (mm) 6.0
Deal Size ($mm) $102
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/21/2021
Offer Price $17.00
Price Range $15.00 - $17.00
Offer Shares (mm) 6.0
Deal Size ($mm) $102
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Morgan Stanley
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Company Data
Headquarters Mountain View, CA, United States
Founded 1997
Employees 152
Website www.neuropace.com

NeuroPace (NPCE) Performance