iRhythm Technologies sets terms for $75m IPO

Posted by iRhythm Technologies on October 11, 2016
iRhythm Technologies

iRhythm Technologies last week set the terms on its forthcoming initial public offering, saying it plans to float 5.35 million shares priced between $13.00 and $15.00 apiece.

At the midpoint, the IPO would fetch $74.9 million. San Francisco-based iRhythm has said it plans to use the proceeds to expand the commercial and clinical footprint of its Zio wearable cardiac monitor.

 

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Topics: Mass Device

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