CVRx (CVRX) IPO Opens 46% Higher

Today's IPO for CVRx, Inc.(NASDAQ: CVRX) opened for trading at $26.25 after pricing 7,000,000 shares of its common stock at a public offering price of $18.00 per share.

J.P. Morgan, Piper Sandler and William Blair acted as joint book-running managers and as representatives of the underwriters for the offering. Canaccord Genuity acted as a lead manager for the offering.

Headquartered in Minneapolis, MN, CVRx is a leader in innovative medical technologies that address the unmet needs in cardiovascular diseases with safe and effective therapies that harness and harmonize the body’s natural systems. CVRx is dedicated to improving patient outcomes, quality of life, and overall cardiovascular health via novel baroreceptor neuromodulation therapies.

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