IPOs
By The Online Investor Staff, updated Sat., Aug. 17, 11:13 AM
| This Slide: #3 of 15 |
Slide #3. InMode Ltd. — Initial Public Offering
Company:
InMode Ltd.
Proposed Symbol:
INMD
Shares Offered:
5,000,000
Price Per Share:
$15.00
Over-Allotment:
750,000
Description:
InMode Ltd. ("InMode"), announced today the pricing of its initial public offering of 5,000,000 ordinary shares at an initial public offering price of $14.00 per ordinary share. The underwriters of the offering will also have a 30-day option to purchase up to an additional 750,000 ordinary shares from InMode at the initial public offering price. The estimated gross proceeds, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $70.0 million. The shares are expected to begin trading on August 8, 2019 on the Nasdaq Global Select Market under the symbol "INMD." The closing of the offering is expected to occur on August 12, 2019, subject to the satisfaction of customary closing conditions.
