Brooklyn Park medical device maker raises $126M through IPO
CVRx becomes the sixth Minnesota company to go public this year, the most since 1999.
June 30, 2021 — 10:15am
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CVRx Inc., the Brooklyn Park-based medical device maker, went public on Wednesday, raising $126 million.
The shares were priced at $18 for the initial public offering. When they started trading late morning on the Nasdaq market, they were sharply higher and closed at $28 — one of the stronger debuts among a dozen or so other companies that also completed IPOs on Wednesday.
CVRx became public in a busy year for IPOs, both nationally and in Minnesota.