Lucira Health Prices Upsized IPO

  Lucira Health, Inc. (“Lucira Health” or “Lucira”), a medical technology company focused on the development and commercialization of transformative and innovative infectious disease test kits, today announced the pricing of its upsized initial public offering of 9,000,000 shares of common stock at a price to the public of $17.00 per share. The gross proceeds to Lucira from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be $153.0 million. In addition, Lucira has granted the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of common stock, at the initial public offering price less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol “LHDX” on February 5, 2021. The offering is expected to close on February 9, 2021, subject to satisfaction of customary closing conditions.

BofA Securities and William Blair are acting as lead bookrunning managers and LifeSci Capital is acting as co-manager for the offering.

https://www.biospace.com/article/releases/lucira-health-announces-pricing-of-its-upsized-initial-public-offering-feb-05-2021/