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Itamar Medical (ITMR) commenced a proposed public offering of ADSs; each ADS representing 30 ordinary shares of the company.ADSs to be sold in the offering will be offered by the company and one of its shareholders, Viola Growth 2 A.V.The company and the selling shareholder intend to grant to the underwriters a 30-day option to purchase up to an additional 15% of the ADSs.Offer size, actual terms not yet disclosed.