InMode Opens Below IPO Price

InMode Ltd. 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.

Market News and Data brought to you by Benzinga APIs
Posted In: NewsIPOs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...