Kestra Medical Technologies successfully completes upsized IPO, raising $202 million

From GlobeNewswire: 2025-03-07 17:30:00

Kestra Medical Technologies, Ltd. (Nasdaq: KMTS) has successfully completed its upsized initial public offering of 11,882,352 common shares at $17.00 per share, raising approximately $202 million in gross proceeds. The company’s common shares are now trading on the Nasdaq Global Select Market under the symbol “KMTS”. BofA Securities, Goldman Sachs & Co. LLC, and Piper Sandler served as lead bookrunners for the offering, with Wells Fargo Securities and Stifel as bookrunners and Wolfe | Nomura Alliance as co-manager. This offering was made in accordance with a registration statement filed with the Securities and Exchange Commission on March 5, 2025. Kestra is a wearable medical device and digital healthcare company focused on improving patient outcomes in cardiovascular disease through innovative technologies.



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