Surgical illumination devices company Invuity set terms for the company's initial public offering earlier this week, according to a Nasdaq report.
Here are seven key notes on the offering:
1. The company hopes to raise $60 million.
2. Four million shares will be offered.
3. Price range is $14 to $16.
4. At midpoint, Invuity would command a fully diluted market value of $207 million.
5. At midpoint, Invuity would command an enterprise value of $144 million.
6. Piper Jaffray, Leerink Partners and Stifel are joint bookrunners.
7. The company is expected to price next week.