AirSculpt Technologies, which provides body contouring procedures through a network of 16 centers in the US, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
Operating as Elite Body Sculpture, the company provides custom body contouring using its proprietary AirSculpt method, and performed over 5,800 body contouring procedures in 2020. The company delivers its body contouring procedures through a growing footprint of 16 centers across 13 states as of October 5, 2021.
The Miami Beach, FL-based company was founded in 2012 and booked $102 million in revenue for the 12 months ended June 30, 2021. It plans to list on the Nasdaq under the symbol AIRS. AirSculpt Technologies filed confidentially on July 6, 2021. Morgan Stanley, Piper Sandler, and SVB Leerink are the joint bookrunners on the deal. No pricing terms were disclosed.
