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Home Diagnostics nets $48.7mm with IPO
12 Oct 2007
Executive Summary
Home Diagnostics Inc. (HDI), a company that specializes in diabetes management, netted $48.7mm in its initial public offering of 4.3mm common shares (including the overallotment) at $12 apiece. In May, it originally hoped to sell up to $115mm, and in July it changed the estimate to 3.3mm shares at $14-16. Shareholders also sold some of their stock in the IPO.
Deal Industry
- In Vitro Diagnostics
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Medical Devices
- Monitoring Equipment & Devices
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In Vitro Diagnostics
- Biosensors
- Glucose Testing
Deal Status
- Final
Deal Type
-
Financing
- IPO
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