Minerva Surgical (UTRS) IPO Opens, Trades Lower After Weak Pricing
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Minerva Surgical Announces Pricing of Initial Public Offering
October 21, 2021 11:39 PM EDTSANTA CLARA, Calif., Oct. 21, 2021 /PRNewswire/ --Â Minerva Surgical, Inc. (Minerva Surgical), a women's health company focused on the treatment of Abnormal Uterine Bleeding (AUB), today announced the pricing of its initial public offering of 6,250,000 shares of its common stock at a public offering price of $12.00 per share. All of the shares are being offered by Minerva Surgical. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Minerva Surgical, are expected to be $75.0 million. The shares are expected to begin trading on the Nasdaq Global Market on October 22,... More
