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electroCore prices upsized IPO at $15, within the range

June 21, 2018
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electroCore, which is commercializing a handheld nerve stimulation device for treating migraines, raised $78 million by offering 5.2 million shares at $15, within the range of $14 to $16. electroCore plans to list on the Nasdaq under the symbol ECOR. Evercore ISI, Cantor Fitzgerald and JMP Securities acted as lead managers on the deal.