SAN FRANCISCO, June 11, 2015 /PRNewswire/ -- Invuity, Inc. today announced the pricing of its initial public offering of 4,000,000 shares of common stock at a public offering price of $12.00 per share, before underwriting discounts and commissions. All of the common stock is being offered by Invuity. In addition, Invuity has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of common stock from the company at the public offering price. The shares are expected to begin trading on the NASDAQ Global Market on June 12, 2015 under the ticker symbol "IVTY." The offering is expected to close on June 17, 2015, subject to customary closing conditions.
Piper Jaffray, Leerink Partners and Stifel are acting as joint book-running managers for the offering. William Blair is acting as a co-manager.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on June 11, 2015. This offering is being made only by means of a written prospectus forming part of the effective registration statement. When available, copies of the final prospectus relating to this offering may be obtained by contacting: Piper Jaffray & Co., Attention: Equity Capital Markets, 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, or by telephone at 800-747-3924 or by email at [email protected]; or Leerink Partners LLC, Attention: Syndicate Department, One Federal Street, 37th Floor, Boston, MA 02110, or by telephone at (800) 808-7525, ext. 6142, or by email at [email protected]; or Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate, One Montgomery Street, Suite 3700, San Francisco, CA 94104, or by telephone at (415) 364-2720 or by email to [email protected].
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
SOURCE Invuity, Inc.