In total, Envista sold 26.8 million shares for $22 each on Sept. 17. The shares ranged from $21 to $24, according to a regulatory filing. The company began trading on the New York Stock Exchange with the symbol NVST on Sept. 18.
The Brea, Calif.-based company is being valued at $3.4 billion in the IPO based on outstanding shares, Bloomberg reports.
Envista plans to use the funding to pay Danaher for the dental business. After the deal, Danaher will retain 83 percent of the voting power in the company.
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