Financial

ConforMIS sets terms for $135m IPO

By Brad Perriello

ConforMIS today set the terms for its forthcoming initial public offering, saying it plans to float 9 million shares at $14 to $16 apiece.

At the midpoint of the range, the IPO would fetch $135 million.

Bedford, Mass.-based ConforMIS said last month that the IPO could bring in as much as $172.5 million.

The company plans to trade on the NASDAQ exchange under the “CFMS” symbol. The company originally filed confidentially March 20, according to the SEC.

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