The dental technology developer’s proposed listing on the New York Stock Exchange would mark an exit for Henry Crown and Company.
US-based dental technology developer Sonendo filed for an initial public offering (IPO) on the New York Stock Exchange on Friday that would mark an exit for conglomerate Henry Crown and Company.
Founded in 2006, Sonendo has developed technology aimed at helping prevent tooth decay by using cleaning fluids and acoustic vibrations to clean teeth during root canal procedures. It is using a $100m placeholder figure for the IPO and the proceeds will go to sales and marketing activities and…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.