SmileDirectClub reveals public offering price, begins trading

Dentists
Written by Gabrielle Masson | September 12, 2019 | Print |

Share on Facebook
SmileDirectClub priced its initial 58,537,000 shares of Class A common stock at $23 per share on Sept. 11.

Under the symbol "SDC," the shares began trading on Sept. 12, with the offering expected to close on Sept. 16.

A registration statement was filed with the U.S. Securities and Exchange Commission and declared effective on Sept.11.

More articles on dental:
Aspen Dental opens second Walgreens location
Employee at Minnesota dental practice stole nitrous oxide, police say
9 dental companies making headlines

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.