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Rail Vision Priced, Nasdaq: RVSN

Israeli developer of camera-based railway safety solutions.

Industry: Technology

Latest Trade: $1.02 -0.07 (-6.4%)

First Day Return: -25.2%

Return from IPO: -96.7%

Industry: Technology

We are a development stage technology company that is seeking to revolutionize railway safety and the data-related market. We believe we have developed cutting edge, Artificial Intelligence, or AI, based, industry-leading technology specifically designed for railways, with investments from Knorr-Bremse, a world-class manufacturer of braking systems and a leading supplier of safety-critical sub-systems for rail and commercial vehicles. We have developed our railway detection and systems to save lives, increase efficiency, and dramatically reduce expenses for the railway operators. We believe that our technology will significantly increase railway safety around the world, while creating significant benefits and adding value to everyone who relies on the train ecosystem: from passengers using trains for transportation to companies that use railways to deliver goods and services. In addition, we believe that our technology has the potential to advance the revolutionary concept of autonomous trains into a practical reality.
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IPO Data
IPO File Date 02/18/2022
Offer Price $4.13
Price Range $4.13 - $5.87
Offer Shares (mm) 3.8
Deal Size ($mm) $16
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/30/2022
Offer Price $4.13
Price Range $4.13 - $5.87
Offer Shares (mm) 3.8
Deal Size ($mm) $16
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Aegis Capital Corp.
Company Data
Headquarters Ra'anana, Israel
Founded 2016
Employees 57
Website www.railvision.io

Rail Vision (RVSN) Performance