Medical Device company Motus GI sets terms for $30 million IPO

Motus GI Holdings, which is developing a medical device to assist with intraprocedural colonoscopy cleaning, announced terms for its IPO on Wednesday. The Tirat Carmel, Israel-based company plans to raise $30 million by offering 4.3 million shares at a price range of $6 to $8. At the midpoint of the proposed range, Motus GI Holdings would command a fully diluted market value of $121 million. … Continue reading Medical Device company Motus GI sets terms for $30 million IPO