J.P. Morgan

Round Eargo device with earpieces

Photo credit: Eargo

By Mallory Hackett 11:14 am October 16, 2020
Eargo hit the public market today with an initial public offering of about 7.9 million shares of common stock priced at $18 per share for estimated earnings of about $141.3 million. This IPO is upsized from its original offering of about 6.7 million common stock shares priced between $14 and $16. Eargo has also granted the underwriters the option to purchase an additional 1.2 million shares at...