Eargo Inc. placed 7 851 852 shares of common stock in an IPO priced $18 per share, which is $2 above the upper limit of the previously announced range ($14-16). Besides, Array Technologies has granted its underwriters a 30-day option to purchase up to 1 177 777 shares of common stock at the public offering price.
The trading debut will take place on October 16, 2020 on the NASDAQ Global Market under the ticker symbol “EAR”.