EndoChoice IPO yields $94.9M: 3 facts

EndoChoice, based in Alpharetta, Ga., has closed its IPO and raised $94.9 million, according to an Atlanta Business Chronicle report.


Here are three key facts to know.

1. The company hopes to raise $115 million from the IPO.

2. The proceeds will be used to fund the continued commercialization of its Fuse endoscopy system, according to the report.

3. The company's stock closed at $17.10 per share Wednesday.

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