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Surgical instruments maker Power Medical nets $41.8mm in IPO
02 Nov 2007
Executive Summary
Power Medical Interventions (computerized surgical devices) has netted $41.8mm in its initial public offering. It sold 4.4mm shares (including the overallotment) at a lower-than-anticipated cost of $11 each, compared with its planned $12-14 range announced earlier this month.
Deal Industry
- Medical Devices
-
Medical Devices
-
Surgical Equipment & Devices
- Minimally or Less Invasive
-
Surgical Equipment & Devices
Deal Status
- Final
Deal Type
-
Financing
- IPO
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Surgical instruments maker Power Medical nets $41.8mm in IPO
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