tradingkey.logo

Bain Capital-backed Heartflow set to open higher in Nasdaq debut

ReutersAug 8, 2025 3:46 PM

Bain Capital-backed medical technology firm Heartflow's HTFL.O shares indicated to open above offer price in Nasdaq debut

Stock indicated to open at $25 vs $19 IPO price

HTFL late Thursday sold 16.7 million shares above the marketed range of $17 and $18 apiece for gross proceeds of $316.7 million in an upsized IPO

Mountain View, California-based HTFL upsized its offering and raised the proposed range earlier this week reflecting strong demand

HTFL marks the third sizable medtech listing in New York in less than a month

Founded in 2007 as Cardiovascular Simulation, Heartflow's AI-enabled products help physicians to diagnose and treat heart disease

J.P. Morgan, Morgan Stanley and Piper Sandler were the lead underwriters for the offering

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI