ConforMIS, a knee replacement firm, recently scheduled its $135 million initial public offering, which is a large downsize from its original IPO plans, according to the Boston Business Journal.
Here are four quick facts:
1. ConforMIS is a medical device manufacturer based in Burlington, Mass.
2. The 11-year-old company creates and sells customized orthopedics and knee replacement implants.
3. The implants initially targeted a $173 million IPO to fund expansion.
4. ConforMIS plans to price nine million shares at $14 to $16 with this week's launch.
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