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home / news releases / ITMR - Itamar Medical prices ADSs offering


ITMR - Itamar Medical prices ADSs offering

Itamar Medical ([[ITMR]] +6.4%) priced its 3.05M ADS at $22.75/ADS; company is selling 1.97M ADSs and one of its shareholders, Viola Growth is selling 1.08M ADSs in the offering.Each ADS represents 30 ordinary shares of the company.Gross proceeds are expected to be ~$44.8M and gross proceeds to the selling shareholder from the offering are expected to be ~$24.6M.The company and the selling shareholder granted underwriters a 30-day option to purchase up to an additional 457,369 ADSs.Offering is expected to close on Feb. 9.

For further details see:

Itamar Medical prices ADSs offering
Stock Information

Company Name: Itamar Medical Ltd.
Stock Symbol: ITMR
Market: NYSE
Website: itamar-medical.com

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