Jul. 3 at 9:05 PM
$CV IPO closes with
$27.5M raised at
$5/share - a critical lifeline for a company burning
$20M/year. Lock-up expiration in 6 months looms large. Market pricing this at 16.8x sales shows either irrational optimism or faith in that AI endoscopy tech. Proceed with caution.
https://www.sec.gov/Archives/edgar/data/1378325/000119312525155527/d55184d8k.htm