Reported Earlier, CeriBell Prices $180.3M Upsized Initial Public Offering Of 10,606,060 Common Shares At $17/Share
Portfolio Pulse from Benzinga Newsdesk
CeriBell has announced an upsized IPO, pricing 10,606,060 common shares at $17 each, aiming to raise approximately $180.3 million. The shares will trade on Nasdaq under the ticker 'CBLL' starting October 11, 2024.
October 11, 2024 | 5:47 am
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CeriBell is launching an upsized IPO, pricing shares at $17 to raise $180.3 million. Trading on Nasdaq begins October 11, 2024.
The announcement of an upsized IPO and the commencement of trading on Nasdaq is a positive development for CeriBell, likely to generate investor interest and potentially drive the stock price up in the short term.
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