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Lucira Health Prices Upsized IPO at $17 Per Share

· 02/04/2021 22:37

03:22 AM EST, 02/05/2021 (MT Newswires) -- Lucira Health Inc., a medical technology company, on Thursday priced its initial public offering of 9 million common shares at $17 per share for gross proceeds of $153 million.

Underwriters have been granted a 30-day option to purchase up to an additional 1.35 million common shares.

The offering, which is expected to close on Feb. 9, was increased from the initial plan of about 7.8 million common shares.

The shares are expected to begin trading on the Nasdaq Global Select Market Friday under the ticker symbol, "LHDX."