July 2016

Tactile Systems Completes IPO

Tactile Systems Technology, Inc. priced its initial public offering on July 27, 2016, the first Minnesota-based IPO of 2016. FaegreBD represented Tactile, a medical device company, in the 13-month process.

The IPO featured more than 4.1 million shares of common stock sold at a public offering price of $10 per share. Piper Jaffray & Co., William Blair & Company LLC and Canaccord Genuity Inc. acted as joint book-running managers for the offering. BTIG LLC acted as co-manager for the offering.

The Faegre Baker Daniels website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Baker Daniels' cookies information for more details.