Deal Details
Initial Public Offering
Summary
Baird served as a co-manager on this offering
About
InMode Ltd. (“InMode” or the “Company”) (NASDAQ-GS: INMD) recently completed an initial public offering of 5,500,000 shares of common stock (including exercise of the overallotment option) at a price of $14.00 per share, generating gross proceeds of $77.0 million. The Company intends to use the net proceeds from the offering to expand sales and marketing operations, continue research and development, fund strategic acquisitions and for general corporate purposes.InMode is a leading global provider of innovative medical technologies that develops, manufactures and markets devices harnessing novel radio-frequency (RF) technology. The Company strives to enable new emerging surgical procedures as well as improve existing treatments. InMode has leveraged its medically-accepted minimally-invasive RF technologies to offer a comprehensive line of products across several categories for plastic surgery, gynecology, dermatology, otolaryngology and ophthalmology. The Company is based in Lake Forest, California, and Yokneam, Israel.
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- Date
- August 2019
- Company
- InMode Ltd.
- Transaction
- M&A
- Sectors
- Healthcare
- Target Geography
- North America
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