Leg compression device developer Tactile Systems Technology reduced its initial public offering to $46 million. Those estimates are down approximately 24% from the $60 million it said it hoped to bring in in June, which was 30% less than the $86 million projection the company put up when it registered the IPO in January. The company said on […]
Tactile Systems Technology
Tactile Systems sets terms for $60m IPO
Leg compression device developer Tactile Systems Technology set the terms for its initial public offering today, saying it plans to float 4 million shares at $14 to $16 apiece. At the midpoint, that would fetch $60 million, or 30% less than the $86 million projection the company put up when it registered the IPO in January. […]
Compression device dev Tactile Systems files for $86m IPO
Leg compression device developer Tactile Systems Technology is aiming for to get a leg up by going public, registering for an $86 million initial public offering, according to an SEC filing posted today. Tactile Systems produces the Flexitouch fully-automated pneumatic compression device designed to treat lymphedema, and the ACTitouch wearable compression device designed to treat […]
Tactile Systems touches $10M | Wall Street Beat
Tactile Systems Technology said it reeled in a $10.4 million Series B round led by Radius Ventures, with the proceeds to go toward acquiring "a leading new product" and patents for treating lymphedema, or fluid retention.
