Speech technology provide DynaVox has been highlighted as Renaissance Capital's Featured IPO. DynaVox plans to raise $150 million by offering 9.4 million shares at a range of $15-$17, which would translate to a market cap of $474 million. Piper Jaffray and Jeffries are set to be the lead underwriters on the deal. DynaVox is one of 8 deals on the IPO calendar for the week of April 22nd.
Backed by private equity firm Vestar Capital, DynaVox (DVOX) is the largest provider of speech generating devices for children and adults with physical and cognitive disabilities resulting from conditions such as ALS (Lou Gehrig's disease), strokes, traumatic brain injuries, cerebral palsy and autism.
Read our full IPO Commentary.
