Paragon 28 (FNA) IPO Opens 20% Higher

Today's IPO for Paragon 28, Inc. (NYSE: FNA) opened for trading at $19.15 after pricing 7,812,500 shares of its common stock at a public offering price of $16.00 per share.

BofA Securities and Piper Sandler are acting as joint lead book-running managers for the offering. Canaccord Genuity is acting as a lead manager. JMP Securities and Needham & Company are acting as co-managers.

Paragon 28 is a leading medical device company exclusively focused on the foot and ankle orthopedic market.

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