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Nov. 14, 2018, 6:59 a.m. EST

Vapotherm sells 4 million shares priced at $14 each in IPO to raise $56 million

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By Ciara Linnane

VAPO

Vapotherm Inc. /zigman2/quotes/206318264/composite VAPO +1.77% priced its initial public offering late Tuesday at $14 a share, the low end of its $14 to $16 price range. The medical technology company, which specializes in treatments for respiratory illnesses, sold 4 million shares to raise $56 million. The stock will start trading on the New York Stock Exchange later Wednesday, under the ticker symbol "VAPO". BofA Merrill Lynch and William Blair are bookrunners on the deal with Canaccord and BTIG acting as co-managers.

/zigman2/quotes/206318264/composite
US : U.S.: NYSE
$ 29.54
+0.52 +1.77%
Volume: 284,583
Aug. 12, 2020 12:13p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$742.05 million
Rev. per Employee
$152,435
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