Sofwave Medical Raises $50M and Completes Initial Public Offering on the Tel Aviv Stock Exchange
Sofwave Medical Raises $50M and Completes Initial Public Offering on the Tel Aviv Stock Exchange The Medical Aesthetic company which developed an innovative approach to wrinkle reduction raises $50 million in an initial public offering. TUSTIN, Calif., June 3, 2021 /PRNewswire/ -- On Wednesday, May 26, 2021, Sofwave Medical made its initial public offering (IPO) on the Tel Aviv Stock Exchange (TASE). Sofwave's, rapid market adoption enabled the listing on the Tel Aviv Stock Exchange. The company managed to raise $50 million at a pre-money valuation of ~$200 million. The IPO was led by Barak ...
Source: finanznachrichten.de