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Sard Verbinnen & Co. represents Cue Health as the San Diego health technology company and maker of home test kits for COVID-19 readies an initial public offering.
The company's goal is to enable people to manage their health through real-time, actionable and connected health data.
Cue envisions a suite of testing kits to provide consumers lab-quality results in 20 minutes without the need to visit a medical facility.
It is working on test kits for influenza, respiratory syncytial virus, fertility, pregnancy and inflammation. Cue plans to file for FDA approval for those kits during the second half of next year.
The company signed a $480M agreement with the Pentagon and Dept of Health and Human Services in Oct. 2020 for 6M of its test kits.
The National Basketball Assn. counted on the Cue COVID-19 test during its 2020 “bubble season.”
Cue posted $201M in first-half revenues and earned $32.8M.
It plans to list its stock on the NASDAQ.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
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Sep. 10, 2021, by Joe Honick
Very nice and constructive marketing, BUT why is there no PR/Marketing/Advertising industries-wide organized campaign to help the president's vaccination pleas that could save so many lives. The industry has organizations who should undertake these critically need efforts.