|Bid||0.00 x 1200|
|Ask||57.40 x 800|
|Day's Range||47.64 - 49.39|
|52 Week Range||42.50 - 65.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||54.00|
The U.S. initial public offering market is expected to see 11 deals and two direct listings this week, adding fuel to what will be the biggest third quarter since the dot.com era.
Outset Medical, Inc. (Nasdaq: OM) ("Outset") today announced the closing of its initial public offering of 10,293,777 shares of its common stock, including the exercise in full by the underwriters’ option to purchase 1,342,666 additional shares of common stock, at the initial public offering price of $27.00 per share. The gross proceeds to Outset, before deducting underwriting discounts and commissions and offering expenses, were approximately $277.9 million. The shares began trading on The Nasdaq Global Select Market on September 15, 2020, under the symbol "OM."
Outset Medical, Inc. (Nasdaq: OM) ("Outset") today announced the pricing of its upsized initial public offering of 8,951,111 shares of its common stock at a public offering price of $27.00 per share, for total gross proceeds of approximately $241.7 million, before deducting underwriting discounts and commissions and offering expenses. The shares are expected to begin trading on The Nasdaq Global Select Market on September 15, 2020, under the symbol "OM." The offering is expected to close on September 17, 2020, subject to the satisfaction of customary closing conditions. In addition, Outset has granted the underwriters a 30-day option to purchase up to an additional 1,342,666 shares of common stock at the initial public offering price, less underwriting discounts and commissions.