has set the terms of its planned initial public offering and will sell 3.125 million share priced at $7 to $9 a pop. The company is planning to list on the Nasdaq under the ticker symbol ”
HAIR”. The company is a medical technology maker that is developing and commercializing a robotic device, the ARTAS System, that assists doctors in performing many of the repetitive tasks that are a part of a follicular unit extraction surgery, a type of hair restoration procedure, according to its prospectus. National Securities Corp. is sole bookrunner on the deal, with Roth Capital Partners and Craig-Hallum Capital Group acting as co-managers.
View more information: https://www.marketwatch.com/story/medical-technology-company-restoration-robotics-to-sell-3125-million-shares-in-ipo-2017-09-18