Motus GI files for $29M initial public offering — 3 insights

Motus GI Holdings, a medical device company, filed a $29 million initial public offering with the Securities Exchange Commission Jan. 5, Renaissance Capital reports.

Here's what you should know:

1. Motus was founded in 2008. It plans to list on the Nasdaq under the symbol MOTS.

2. Piper Jaffray and Oppenheimer & Co. served as the joint bookrunners.

3. Motus initiated the filing on April 12, 2017.

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