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ICU monitoring company Visicu nets $89mm from IPO

Executive Summary

Visicu Inc., a company developing remote intensive care unit monitoring systems, sold 6mm shares at $16 apiece in its initial public offering, netting $89.2mm. The per-share price was $1 above the $13-15 range it filed for in early April; when the company originally set the range in mid-March it was for $11-13.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Monitoring Equipment & Devices
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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