Everspin Technologies (MRAM) IPO Opens Up 14%

Today's IPO for Everspin Technologies, Inc. (Nasdaq: MRAM) opened for trading at $9.10 after pricing it initial public offering of 5,000,000 shares of its common stock at a public offering price of $8.00 per share, below the expected $11-$13 range.

Stifel and Needham & Company are acting as joint book-running managers for the offering. Canaccord Genuity and Craig-Hallum Capital Group are acting as co-managers.

Everspin Technologies is a provider of MRAM solutions.

You May Also Be Interested In

• YY Group Holding (YYGH) Closes $5M IPO
• CoStar Group (CSGP) PT Raised to $107 at Needham
• Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh