Dental firm vVardis files for US IPO
Dental firm vVardis has filed for a US initial public offering after reporting a threefold increase in first-half revenue. The Swiss company plans to list on the NYSE under the symbol VVVV.
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Dental firm vVardis posted a first-half revenue surge to $28.6 million in its United States IPO filing on Friday morning. The Zug-based company narrowed its net loss to $27.8 million for the six months ended June 30, compared to a loss of $32.1 million a year earlier. The offering tests investor appetite as healthcare listings outpace broader market volatility.
