04:19 AM EST, 03/06/2025 (MT Newswires) -- Kestra Medical Technologies said Thursday it has priced its upsized initial public offering of about 11.9 shares at $17 per share for gross proceeds of about $202 million.

Underwriters will have a 30-day option to purchase up to 1.8 million additional shares, the wearable medical tech company said.

The shares are expected to begin trading this Thursday on Nasdaq under the ticker symbol "KMTS." The offering is expected to close Friday, the company said.