Candela Medical Files to Withdraw IPO

Dow Jones

Sep 03, 2022

By Stephen Nakrosis

Candela Medical Inc. on Friday filed to withdraw its planned initial public offering with the Securities and Exchange Commission.

The company said it decided not to proceed with its IPO at this time.

Candela Medical filed for its IPO in October 2021. It most recently said it planned to offer 14.7 million shares of common stock, with an expected price range of $16 to $18 a share.

The company said it provides medical-device solutions for aesthetic applications.

Candela Medical said its was sponsored by funds advised by Apax Partners LLP and Apax Partners LP and had applied to list on the Nasdaq Global Select Market under the symbol CDLA.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

$(END)$ Dow Jones Newswires

September 02, 2022 17:04 ET (21:04 GMT)

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It most recently said it planned to offer 14.7 million shares of common stock, with an expected price range of $16 to $18 a share. \n\n\n  The company said it provides medical-device solutions for aesthetic applications. \n\n\n  Candela Medical said its was sponsored by funds advised by Apax Partners LLP and Apax Partners LP and had applied to list on the Nasdaq Global Select Market under the symbol CDLA. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  September 02, 2022 17:04 ET (21:04 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}