{"id":12618,"date":"2021-02-10T11:46:24","date_gmt":"2021-02-10T11:46:24","guid":{"rendered":"http:\/\/bioventuspub.wpengine.com\/bioventus-announces-pricing-of-initial-public-offering\/"},"modified":"2021-02-10T11:46:24","modified_gmt":"2021-02-10T11:46:24","slug":"bioventus-announces-pricing-of-initial-public-offering","status":"publish","type":"post","link":"https:\/\/www.bioventus.com\/es\/bioventus-announces-pricing-of-initial-public-offering\/","title":{"rendered":"Bioventus Announces Pricing of Initial Public Offering"},"content":{"rendered":"

DURHAM, NC<\/strong> \u2013 February 10, 2021 \u2013 <\/strong>Bioventus Inc. (\u00abBioventus\u00bb or the \u201cCompany\u201d) today announced the pricing of its initial public offering of 8,000,000 shares of Class A common stock at a public offering price of $13.00 per share. The Company\u2019s Class A common stock is expected to begin trading on the Nasdaq Global Select Market under the symbol \u201cBVS\u201d, and the offering is expected to close on February 16, 2021, subject to customary closing conditions.<\/p>\n

The underwriters have also been granted a 30-day option to purchase up to 1,200,000 additional shares of Class A common stock from Bioventus at the initial public offering price, less underwriting discounts and commissions.<\/p>\n

The gross proceeds to the Company from the offering, before deducting the underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $104.0 million (or $119.6 million if the underwriters exercise their option to purchase additional shares in full).<\/p>\n

Morgan Stanley, J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are serving as joint lead book-running managers and as representatives of the underwriters for the proposed offering. Canaccord Genuity LLC is acting as lead manager for the offering.<\/p>\n

The offering will be made only by means of a prospectus. A copy of the preliminary prospectus relating to the proposed offering may be obtained from any of the following sources:<\/p>\n