News | iRhythm

Latest Bay Area IPO stock jumps after upsized offering raises $107M

Written by iRhythm Technologies | October 20, 2016

Silicon Valley Business Journal

Wearable heart monitor maker iRhythm Technologies is the latest Bay Area company to top its targets with an IPO, raising $107 million.

The San Francisco business led by CEO Kevin King agreed to sell 6.3 million shares at $17 each. It was expected to sell 6.2 million shares for between $13 and $15.

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