Financial
ConforMIS sets terms for $135m IPO
By Brad Perriello
ConforMIS today set the terms for its forthcoming initial public offering, saying it plans to float 9 million shares at $14 to $16 apiece.
At the midpoint of the range, the IPO would fetch $135 million.
Bedford, Mass.-based ConforMIS said last month that the IPO could bring in as much as $172.5 million.
The company plans to trade on the NASDAQ exchange under the “CFMS” symbol. The company originally filed confidentially March 20, according to the SEC.