Deals
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08/16/2023
On September 12, 2019, Loop Capital Markets served as a co-manager on the initial public offering of SmileDirectClub. The teledentistry company raised $1.35 billion by offering 58.5 million shares at $23.00.
SmileDirectClub intends to use the net proceeds of the offering for purchasing and canceling LLC Units from Pre-IPO investors, funding tax withholding and remittance obligations, and general corporate purposes.