other material
confidence high
sentiment positive
materiality 0.90
CVRx completes IPO of 8.05M shares at $18.00, raising ~$144.9M
CVRx, Inc.
- IPO closed July 2, 2021; 8,050,000 shares sold including full over-allotment exercise.
- Public offering price $18.00 per share; gross proceeds ~$144.9 million before discount/expenses.
- Amended certificate authorizes 200M common shares and 10M undesignated preferred shares.
- Classified board with three staggered director classes established.
- Exclusive forum provisions for derivative and securities claims adopted.