LAGUNA HILLS, Calif.–(BUSINESS WIRE)–Sonendo, Inc., a number one dental know-how firm and developer of the GentleWave® System, right now introduced that it has publicly filed a registration assertion on Type S-1 with the U.S. Securities and Alternate Fee (“SEC”) regarding a proposed preliminary public providing of its widespread inventory. The variety of shares to be provided and the worth vary for the proposed providing haven’t but been decided. The providing is topic to market and different situations, and there may be no assurance as as to if or when the providing could also be accomplished, or as to the precise measurement or phrases of the providing. Sonendo intends to use to checklist its widespread inventory on The New York Inventory Alternate below the image “SONX.”
BofA Securities, Goldman Sachs & Co. LLC and Piper Sandler & Co. are performing as joint lead book-running managers and as representatives for the proposed providing. Stifel, Nicolaus & Firm, Inc. can be performing as book-running supervisor for the proposed providing.
The providing can be made solely via a prospectus. Copies of the preliminary prospectus regarding this providing, when out there, could also be obtained from: BofA Securities, NC1-004-03-43, 200 North Faculty Avenue, 3rd Flooring, Charlotte, NC 28255-0001, Attn: Prospectus Division, or by e-mail at email@example.com; Goldman Sachs & Co. LLC, 200 West Avenue, New York, New York 10282, Attn: Prospectus Division or by e-mail at firstname.lastname@example.org; or Piper Sandler & Co., 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, Attn: Prospectus Division or by e-mail at email@example.com.
A registration assertion on Type S-1 regarding the proposed providing has been publicly filed with the SEC however has not but change into efficient. These securities will not be bought, nor could provides to purchase be accepted, previous to the time the registration assertion turns into efficient.
This press launch doesn’t represent a suggestion to promote or the solicitation of a suggestion to purchase these securities, nor shall there be any sale of those securities in any state or jurisdiction wherein such provide, solicitation or sale could be illegal previous to registration or qualification below the securities legal guidelines of any such state or jurisdiction.
About Sonendo, Inc.
Sonendo is a commercial-stage medical know-how firm targeted on saving enamel from tooth decay, probably the most prevalent power illness globally. Sonendo has developed the GentleWave® System, an progressive know-how platform designed to deal with tooth decay by cleansing and disinfecting the microscopic areas inside enamel with out the necessity to take away tooth construction. The system makes use of a proprietary mechanism of motion, which mixes process fluid optimization, broad-spectrum acoustic vitality and superior fluid dynamics, to debride and disinfect deep areas of the advanced root canal system in a much less invasive process that preserves tooth construction. The medical advantages of the GentleWave System when in comparison with typical strategies of root canal remedy embrace improved medical outcomes, similar to superior cleansing that’s impartial of root canal complexity and tooth anatomy, excessive and fast charges of therapeutic and minimal to no post-operative ache. As well as, the GentleWave System can enhance the workflow and economics of dental practices. Sonendo can be the mum or dad firm of TDO® Software program, the developer of extensively used endodontic follow administration software program options, designed to simplify follow workflow. TDO Software program integrates follow administration, imaging, referral reporting and CBCT imaging, and provides built-in communication with the GentleWave System.
Cautionary Assertion Regarding Ahead-Wanting Statements
Sure statements contained on this press launch represent forward-looking statements, together with with respect to the proposed preliminary public providing. Administration has primarily based these forward-looking statements on its present expectations, assumptions, estimates and projections. Whereas they imagine these expectations, assumptions, estimates and projections are cheap, such forward-looking statements are solely predictions and contain recognized and unknown dangers and uncertainties, which embrace the danger components disclosed within the registration assertion on Type S-1 regarding the proposed providing, a lot of that are past administration’s management. These statements contain dangers and uncertainties that will trigger Sonendo’s precise outcomes, efficiency or achievements to vary materially from any future outcomes, efficiency or achievements expressed or implied by these forward-looking statements. Ahead-looking statements converse solely as of the date they’re made. Readers are cautioned to not put undue reliance on forward-looking statements, and, besides as required by legislation, Sonendo assumes no obligation and doesn’t intend to replace or revise these forward-looking statements, whether or not because of new data, future occasions, or in any other case.