ConforMIS today unveiled plans for an initial public offering worth up to $172.5 million, saying it plans to file for FDA approval of its customized hip implant this year.
Conformis has the only TRUE personalized knee. We all know that. It will RULE on the IPO market. Ka-Ching!
Note to all Conformis reps: Welcome to the game. Now all decisions handed down to you will make absolutely no sense what so ever. They will be in the best interest of the shareholders and board to keep that stock price as high as possible. ENJOY!
Re: 173M IPO - valuation The news says Conformis has raised $330 million in the past. The IPO is for $172 million. That is quite a valuation.