Ra Medical Systems (RMED) IPO Opens 26% Higher

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Ra Medical Systems Announces Pricing of Initial Public Offering

September 26, 2018 11:13 PM UTC

CARLSBAD, Calif.--(BUSINESS WIRE)-- Ra Medical Systems, Inc. (NYSE: RMED) today announced the pricing of its initial public offering of 3,900,000 shares of common stock at a price to the public of $17.00 per share. In addition, Ra Medical has granted the underwriters a 30-day option to purchase up to an additional 585,000 shares of common stock at the initial public offering price less underwriting discounts and commissions. Ra Medicals common stock is expected to begin trading on the... More