Spine medtech company files for $100M IPO

Advertisement

Carlsmed, the company behind aprevo spine implants, filed for an ​​Initial Public Offering, the company said June 26.

The number of shares and price range are yet to be determined, according to a news release. The offering is subject to market and other conditions.

BofA Securities, Goldman Sachs & Co. LLC and Piper Sandler are the joint lead book-running managers and representatives of the underwriters for the proposed offering. Truist Securities and BTIG are joint book-runners for the proposed offering.

The company filed to raise up to $100 million for the IPO, Renaissance Capital reported. Carlsmed was founded in 2018.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

  • Since March 25, there have been two key developments in lawsuits involving spine medtech companies. 1. The U.S. Court of…

  • The highest-paid CFOs at spine and orthopedic medtech companies saw total compensation reaching in the mid-single digits and beyond. Here…

Advertisement