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InMode Opens Below IPO Price

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InMode Ltd. (NASDAQ: INMD) made its public debut Thursday morning, opening at $13.50 after being priced at $14 per share.

The company listed its shares on the NASDAQ under the ticker symbol INMD.

See Also: Inmode IPO: What You Need To Know

Inmode is a provider of innovative energy-based, minimally-invasive surgical aesthetic and medical treatment solutions, with products and solutions focused on face and body contouring, medical aesthetics and women's health.

Barclays and UBS Investment Bank are joint book-running managers for the offering and Canaccord Genuity LLC is the lead manager. Baird is serving as the co-manager.

 

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Posted-In: News IPOs