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via finance.yahoo.comCapital Markets

vVardis seeks up to $229 million in US IPO

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Swiss dental technology startup vVardis Holding AG is seeking to raise up to $228.6 million in an initial public offering on the New York Stock Exchange, targeting a fully diluted valuation of roughly $4.4 billion at the top of its marketed range. The Zug-based…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA roughly $229 million IPO at up to a $4.4 billion valuation is relevant for the listings flow but limited in scale.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Swiss dental technology firm vVardis seeks to raise up to $228.6 million on the NYSE.
  2. 02The marketed price range is between $21.00 and $24.00 per Class A share.
  3. 03The company is backed by Apollo Global Management and OrbiMed Advisors.
  4. 04The 30-day over-allotment option would generate no proceeds for the company.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Apollo Global Management, Inc.APOStock116.75 USDMarket closedtoday -0.44%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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