Paragon 28 becomes public
The shares opened at $19.15.
Paragon 28 made its public debut on Friday, October 15.
The company is now trading under the ticker symbol FNA, short for Foot & Ankle, and designs innovative solutions to improve the treatment of the most difficult foot and ankle conditions.
An option to invest in Paragon 28 pre-IPO was first introduced on our platform in December 2020. At the time a single share was worth $8.23 (after the split), at a total valuation of $550 million.
Its IPO price was $16, the shares opened their first day of trading at $19.15. The return to the opening price on the first day of trading was +133%.
A 180-day lockup period applies to investors at the pre-IPO stage. Upon its expiration, we will start the process of transferring shares to our broker account.
Congratulations to our investors!
You can invest in other pre-IPOs on the UT website.
