The SK Telecom, iA Financial, Foxconn and Fujifilm-backed X-ray technology developer priced the offering at the top of its range.

Israel-based medical imaging system developer Nano-X Imaging floated on Friday in a $165m initial public offering that represented an exit for corporates SK Telecom, iA Financial, Foxconn and Fujifilm.

The offering consisted of almost 9.18 million shares issued on the Nasdaq Global Market and priced at the top of the IPO’s $16 to $18 range. The company’s shares closed at $21.70 and have risen to $26.39 at time of publication giving it a market capitalisation of $1.18bn.

Nano-X…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.