IPO round-up: ReWalk walks away with less than expected; Mevion targets $69m
This article was originally published in Clinica
ReWalk Robotics has priced its initial public offering and started trading on the Nasdaq – but the total $36m raised fell short of its previous target. The firm initially said it wanted to pull in $57.5m; then reduced this target to around $51m. However, it is not all bad news: the company’s shares, which trade under the ticker symbol RWLK, were up 113% at $25.60 on 12 September, its first day of trading.