Sientra Raised $75m in IPO

sientra_logoSientra, Inc. (NASDAQ: SIEN), a Santa Barbara-based medical aesthetics company, raised $75m for its Initial Public Offering after pricing its 5 million shares at $15 per share.

The stock began trading Wednesday 29th on the NASDAQ under the ticker symbol SIEN and the offering is expected to close on November 3, 2014, subject to customary closing conditions.

Sientra has developed a broad portfolio of breast implants and breast tissue expanders exclusively to board-certified and board-admissible plastic surgeons. The company, which also offers a range of other aesthetic and specialty products, is backed by Abingworth, Clarus Ventures, and OrbiMed Advisors.

FinSMEs

30/10/2014

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