908 Devices Inc.

908 Devices Inc. (MASS) priced its initial public offering on Dec 18, 2020 at $20.00 per share, above its $18.00–$19.00 range, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $524M. Goodwin Procter advised the company and Cooley advised the underwriters.

908 Devices Inc. makes handheld and desktop mass spectrometry devices for use at the point of need, much smaller and more accessible than conventional laboratory instruments. They are used in life sciences research, bioprocessing, industrial biotech, forensics and adjacent markets to analyze unknown materials.

Status

IPO

Ticker

MASS

Exchange

Nasdaq Global Market

Priced

Dec 18, 2020

IPO price

$20.00

Price range

$18.00–$19.00

Market cap at IPO price

$524M

First filed

Nov 25, 2020

Company counsel

Goodwin Procter

Underwriters' counsel

Cooley

Sector

Industrials & materials

Country / state

MA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.