908 Devices Inc.
We are leading a revolution in measurement devices for chemical and biochemical analysis. We are democratizing laboratory mass spectrometry instruments with our simple handheld and desktop devices, addressing critical-to-life applications. We are reimagining where Mass Spec technology can be used if it is sufficiently small in size, low in cost, and simple to operate.
We have developed an innovative suite of purpose-built handheld and desktop mass spectrometry, or Mass Spec, devices for the point-of-need. Leveraging our proprietary platform technology, we make the extraordinary analytical power of Mass Spec available in devices that are significantly smaller and more accessible than conventional laboratory instruments. Our Mass Spec devices are used at the point-of-need to interrogate unknown and invisible materials and provide quick, actionable answers to directly address some of the most critical problems in life sciences research, bioprocessing, industrial biotech, forensics and adjacent markets.
(Note: The IPO of 908 Devices (MASS) was upsized: 6.5 million shares, vs. 6.25 million shares in the prospectus, were priced at $20 each on Dec. 17 – above the increased price range of $18 to $19. The company increased the deal’s price range on Dec. 17, 2020, from $15 to $17 initially, according to an SEC filing.)
|Industry:||MEASURING & CONTROLLING DEVICES|
|Address||645 Summer Street, Boston, MA 02210, US|
|Phone Number||(857) 254-1500|
|View Prospectus:||908 Devices Inc.|
|Revenues||$30.9 mil (last 12 months)|
|Net Income||$-3.2 mil (last 12 months)|
|Price range||$20.00 - $20.00|
|Est. $ Volume||$130.0 mil|
|Manager / Joint Managers||Cowen and Company/ SVB Leerink/ Stifel/ William Blair|
|Expected To Trade:||12/18/2020|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|