Samsara Vision, which makes medical implants for retinal diseases including AMD, lowered the proposed deal size for its upcoming IPO on Friday. The Far Hills, NJ-based company now plans to raise $15 million by offering 2.5 million shares at a price range of $5 to $7. The company had previously filed to offer 4.2 million shares at the same range, but postponed in January. At the...read more
Samsara Vision, which makes medical implants for retinal diseases including AMD, postponed its IPO on Friday. It had filed to raise $25 million by offering 4.2 million shares at a price range of $5 to $7. Samsara Vision's current product line consists of its first-generation implantable miniature telescope (IMT), known as WA IMT; its Smaller-Incision, New Generation (SING) IMT; and...read more
Following a week of postponements and pricing delays, two tech IPOs and three holdovers are scheduled to raise $412 million in the week ahead. Connectivity solutions provider Credo Technology Group (CRDO) plans to raise $275 million at a $1.8 billion market cap. Credo’s solutions are optimized for optical and electrical ethernet applications, and its...read more
Five IPOs are slated to raise $457 million in the shortened holiday week ahead. REIT Four Springs Capital Trust (FSPR) plans to raise $252 million at a $603 million market cap. The company’s portfolio consists of 156 commercial properties across 32 states, focused on single-tenant, income producing industrial, medical, retail, and office properties. Four...read more
Medical device maker Samsara Vision cuts deal size by 40% ahead of $15 million IPO
Samsara Vision, which makes medical implants for retinal diseases including AMD, lowered the proposed deal size for its upcoming IPO on Friday. The Far Hills, NJ-based company now plans to raise $15 million by offering 2.5 million shares at a price range of $5 to $7. The company had previously filed to offer 4.2 million shares at the same range, but postponed in January. At the...read more
Medical device maker Samsara Vision postpones $25 million IPO
Samsara Vision, which makes medical implants for retinal diseases including AMD, postponed its IPO on Friday. It had filed to raise $25 million by offering 4.2 million shares at a price range of $5 to $7. Samsara Vision's current product line consists of its first-generation implantable miniature telescope (IMT), known as WA IMT; its Smaller-Incision, New Generation (SING) IMT; and...read more
US IPO Week Ahead: Connectivity solutions and micro-caps in a 5 IPO week
Following a week of postponements and pricing delays, two tech IPOs and three holdovers are scheduled to raise $412 million in the week ahead. Connectivity solutions provider Credo Technology Group (CRDO) plans to raise $275 million at a $1.8 billion market cap. Credo’s solutions are optimized for optical and electrical ethernet applications, and its...read more
US IPO Week Ahead: Bitcoin mining and real estate lead a 5 IPO week
Five IPOs are slated to raise $457 million in the shortened holiday week ahead. REIT Four Springs Capital Trust (FSPR) plans to raise $252 million at a $603 million market cap. The company’s portfolio consists of 156 commercial properties across 32 states, focused on single-tenant, income producing industrial, medical, retail, and office properties. Four...read more