Caris Life Sciences IPO Prices Above Range to Raise $494 Million
Caris Life Sciences Inc., a health-care company that uses technology to help diagnose and treat cancer, raised $494 million in a US initial public offering that priced above the top of its marketed range.
The Sixth Street Partners -backed company sold 23.5 million shares at $21 each, according to a statement Tuesday. The medical technology firm had offered shares for $19 to $20 each, above a previous proposed range of $16 to $18, an earlier filing showed.
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