Airsculpt Technologies

General Information
Business:
We are an experienced fast-growing national provider of body contouring procedures delivering a premium consumer experience. At Elite Body Sculpture, we provide custom body contouring using our proprietary AirSculpt® method that removes unwanted fat in a minimally invasive procedure, producing dramatic results. It is our mission to generate the best results for our patients.
 
We believe our treatment results and elite patient experience have positioned Elite Body Sculpture as a preferred body contouring brand. We performed over 5,800 body contouring procedures in 2020. Our proprietary and patented AirSculpt® method is minimally invasive because it requires no needle, no scalpel, no stitches and no general anesthesia to achieve transformational change that appears both natural and smooth. Our patients are guided by surgeons and patient care consultants through every step of the experience. Our patients are awake and can converse with their surgeon or listen to music during their procedure and often resume normal activity the next day.
(Note: AirSculpt Technologies priced its IPO on Oct. 28, 2021, at $11 – the low end of its recently reduced price range of $11 to $12 – and priced 7 million shares, the same number of shares in its amended prospectus, to raise $77 million. AirSculpt Technologies downsized its IPO to 7 million shares, down from 10 million shares, and cut the price range to $11 to $12, down from $15 to $17, in an S-1/A filing dated Oct. 28, 2021 – hours ahead of the IPO’s expected pricing on the evening of Oct. 28. In an S-1/A filing dated Oct. 27, 2021, AirSculpt Technologies updated its list of joint book-runners and co-managers to show that First Liberties Financial was no longer participating as a co-manager.)
Industry: SERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC
Employees: 230
Founded: 2018
Contact Information
Address 400 Alton Road, Unit TH-103M, Miami Beach, Florida 33139, USS
Phone Number (786) 709-9690
Web Address http://www.elitebodysculpture.com
View Prospectus: Airsculpt Technologies
Financial Information
Market Cap $639.86mil
Revenues $101.5 mil (last 12 months)
Net Income $7.8 mil (last 12 months)
IPO Profile
Symbol AIRS
Exchange NASDAQ
Shares (millions): 7.0
Price range $11.00 - $11.00
Est. $ Volume $77.0 mil
Manager / Joint Managers Morgan Stanley/ Piper Sandler/ SVB Leerink ​
CO-Managers Raymond James
Expected To Trade: 10/29/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change