financetom
Business
financetom
/
Business
/
Bain Capital-backed Heartflow targets $1.5 billion valuation in upsized US IPO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bain Capital-backed Heartflow targets $1.5 billion valuation in upsized US IPO
Aug 6, 2025 5:36 AM

Aug 6 (Reuters) - Medical technology company Heartflow

said on Wednesday it was targeting a valuation of up to $1.46

billion in its upsized initial public offering in the United

States, indicating robust investor demand.

The Mountain View, California-based company is now looking

to raise up to $300 million by offering 16.7 million shares

priced between $17 and $18 apiece.

It had earlier offered 12.5 million shares priced between

$15 and $17 apiece.

Heartflow is among a string of companies racing to go public

before the annual August lull kicks in.

J.P. Morgan, Morgan Stanley ( MS ) and Piper Sandler are the lead

underwriters for the offering.

Heartflow will list on the Nasdaq under the symbol "HTFL".

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved