Recent initial public offerings in the Medical Instruments & Supplies IPOs category.
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Slide #1. Tactile Systems Technology, Inc. — Initial Public Offering
Tactile Systems Technology, Inc.
Price Per Share:
Tactile Systems Technology, Inc. ("Tactile") (Nasdaq:TCMD), a medical technology company that develops innovative medical devices for the treatment of chronic diseases at home, announced today the pricing of its initial public offering of 4,000,000 shares of common stock at a public offering price of $10.00 per share. In addition, Tactile has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of common stock at the public offering price to cover over-allotments, if any. All shares of the common stock in this offering are being sold by Tactile. Tactile's shares are expected to begin trading on The NASDAQ Global Market on July 28, 2016 under the ticker symbol "TCMD." This offering is expected to close on August 2, 2016, subject to customary closing conditions.