Tech Company Inital Public Offerings
Minerva Surgical IPO
Operating out of Santa Clara, Minerva Surgical is now a public company.
Transaction Overview
Company Name
Announced On
10/22/2021
Transaction Type
IPO
Amount
$75,000,000
Proceeds Purpose
We currently intend to use the net proceeds from this offering, together with our existing cash, to meet the $15 million deferred payment obligation and to pay up to $30 million in potential milestone payments to BSC, to expand our sales force and operations, support research and development, and for general corporate purposes, including litigation expenses and interest payments on our outstanding debt. We may also use a portion of the proceeds to expand our current business through strategic acquisitions or in-licenses of complimentary companies or technologies or pay principal payments when due on outstanding debt.
Company Information
Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
4255 Burton Dr.
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Minerva Surgical Inc. is a medical device company. The company's efforts are focused on women's healthcare. Currently Minerva Surgical's development projects are aimed at delivering next generation products for the treatment of abnormal uterine bleeding, a condition that affects almost 1 in 5 women.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Csaba Truckai
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