Si-Bone sets price range for $104m IPO

Si-Bone has set a price range for its upcoming initial public offering, looking to bring in between $89.7 million and $103.5 million, according to an SEC filing posted late last week

The Santa Clara, Calif.-based company said that it plans to offer 6.9 million shares at between $13 and $15 per share in the offering, and that it will list on the Nasdaq Global Market under the ticker symbol “SIBN.”

Morgan Stanley and BofA Merrill Lynch are acting as joint book-running managers for the IPO, with Cannaccord Genuity and JMP Securities acting as co-managers, according to an SEC filing.

Si-Bone initially said it was looking to raise approximately $98.7 million in the round when it registered for the IPO in late September.

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