Acutus Medical Inc, a medical device maker for atrial arrhythmias, has filed Form S-1 Registration Statement on July 15, 2020 with the U.S Securities and Exchange Commission to raise up $75 million in the IPO. Pricing terms are yet to announce.
The dynamic arrhythmia care company focused makes imaging and other products and therapies related to heart rhythm disorders. It is expending its product portfolio includes the AcQMap imaging and mapping system.
The Carlsbad, California-based company was founded in 2011 and booked $4 million in sales for the 12 months ended March 31, 2020. The company plans to list on the Nasdaq Global Market under the symbol “AFIB.” J.P. Morgan and BofA Securities are underwriters of the IPO.
The company engages Davis Polk & Wardwell LLP as US Securities Counsel, and KPMG LLP as Independent Auditor.
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