Airsculpt Technologies, Inc.

Airsculpt Technologies, Inc. (AIRS) priced its initial public offering on Oct 29, 2021 at $11.00 per share, raising $77M, and listed on Nasdaq. At the IPO price its market capitalization was about $612M. Morgan Stanley was lead-left underwriter, joined by Piper Sandler, Leerink Partners and Raymond James. McDermott Will & Emery advised the company and Latham & Watkins advised the underwriters.

Airsculpt Technologies, Inc. is a national provider of body contouring procedures, operating as Elite Body Sculpture. Its proprietary, patented AirSculpt method removes unwanted fat in a minimally invasive procedure, and it performed over 5,800 procedures in 2020.

Status

IPO

Ticker

AIRS

Exchange

Nasdaq

Priced

Oct 29, 2021

IPO price

$11.00

Raised

$77M

Market cap at IPO price

$612M

First filed

Oct 5, 2021

Underwriters

Morgan Stanley, Piper Sandler, Leerink Partners and Raymond James

Company counsel

McDermott Will & Emery

Underwriters' counsel

Latham & Watkins

Sector

Healthcare

Country / state

FL

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