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Week of Expected Pricing 4/23/2021
Company Name NEUROPACE INC
Proposed Ticker NPCE
CUSIP 641288105
Business Description A commercial-stage medical device company focused on transforming the lives of people suffering from epilepsy by reducing or eliminating the occurrence of debilitating seizures. Our novel and differentiated RNS System is the first and only commercially available, brain-responsive neuromodulation system that delivers personalized, real-time treatment at the seizure source. By continuously monitoring the brain’s electrical activity, recognizing patient-specific abnormal electrical patterns, and responding in real time with imperceptible electrical pulses to prevent seizures, our RNS System is programmed by clinicians to deliver the precise amount of therapy when and where it is needed and provides exceptional clinical outcomes with approximately three minutes of stimulation on average per day. Our RNS System is also the only commercially available device that records continuous brain activity data and allows clinicians to monitor patients not only in person, but also remotely, providing them the data they need to make more informed treatment decisions, thus optimizing patient care. We believe the therapeutic advantages of our RNS System, combined with the insights obtained from our extensive brain data set, offer a significant leap forward in epilepsy treatment.
Lead Underwriter J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC
Co-Managers SVB Leerink LLC, Wells Fargo Securities, LLC
Initial Shares 53,13,000
Revised Initial Shares 60,00,000
Initial Price $15.00-$17.00
Revised Price N/A
Final Price $17.00
Final Ticker NPCE

 

 

   
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