DJ Lucira Health Upsized IPO Priced at Top of Expected Range >LHDX
By Colin Kellaher
Lucira Health Inc. said its upsized initial public offering of 9 million shares was priced at $17 each, at the high end of expectations.
The Emeryville, Calif., medical-technology company has previously planned to sell about 7.81 million shares at between $15 and $17 apiece in the IPO.
Lucira said it expects gross proceeds of $153 million, adding that it granted the underwriters a 30-day option to buy up to an additional 1.35 million shares.
Lucira shares are due to begin trading Friday under the ticker symbol LHDX.
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(END) Dow Jones Newswires
February 05, 2021 06:23 ET (11:23 GMT)
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