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Hear this: Eargo prices upsized IPO above the range at $18

October 15, 2020
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Eargo, which makes discreet and rechargeable hearing aid systems, raised $141 million by offering 7.9 million shares at $18, above the range of $14 to $16. The company originally filed to offer 6.7 million shares.

Eargo plans to list on the Nasdaq under the symbol EAR. J.P. Morgan and BofA Securities acted as joint bookrunners on the deal.