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Sight Sciences Bulks Up IPO, Targeting $1 Billion Valuation

Barrons2021-07-15

One day before it is scheduled to list its shares, Sight Sciences boosted the size of its initial public offering by 43% and increased the price range for the deal.

The eye device company said in a prospectus on Wednesday it would sell 10 million shares at a price range of $23 to $24 each. It had filed on July 8 to offer 6.98 million shares at $20 to $23. Such increases are typically signs of strong demand.

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