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Part of a heart-healthy IPO market: ShockWave Medical files for a $70 million offering


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ShockWave Medical, which sells medical systems used in treating cardiovascular disease, filed on Friday with the SEC to raise up to $70 million in an initial public offering.

The Santa Clara, CA-based company was founded in 2009 and booked $12 million in sales for the 12 months ended December 31, 2018. It plans to list on the Nasdaq under the symbol SWAV. ShockWave Medical filed confidentially on December 6, 2018. Morgan Stanley and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Part of a heart-healthy IPO market: ShockWave Medical files for a $70 million offering originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: News Headlines , IPOs



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