Hansen Medical IPO raises $75mln, middle of range

Hansen Medical IPO raises $75mln, middle of range 

NEW YORK, Nov 15 (Reuters) – Hansen Medical Inc., a medical robotics company, raised $75 million with an initial public offering on Wednesday that priced within a forecast range.

The 6.25 million share offering, which represents about a 30 percent stake in the company, sold for $12 per share compared with an $11 to $13 forecast.

Underwriters, led by Morgan Stanley and JPMorgan, have the option to buy an additional 937,500 to cover overallotments, according to an amended filing with the U.S. Securities and Exchange Commission.

Hansen has applied to list its stock on the Nasdaq under the symbol “HNSN.” (HNSN.O: Quote, Profile, Research)


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