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ZELTIQ Aesthetics prices IPO at $13, below the range

October 18, 2011

ZELTIQ Aesthetics, which markets the CoolSculpting system for the reduction of stubborn fat bulges in the hip area, raised $91 million by offering 7 million shares at $13, below the range of $14 to $16. ZELTIQ Aesthetics plans to list on the NASDAQ under the symbol ZLTQ. J.P. Morgan and Goldman, Sachs & Co. acted as lead managers on the deal.