Carlsmed Announces Launch of Initial Public Offering
In addition, the underwriters will have a 30-day option to purchase up to 1,005,000 additional shares of common stock from Carlsmed at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between $14.00 and $16.00 per share of common stock. Carlsmed has applied to list its common stock on the Nasdaq Global Select Market under the ticker symbol 'CARL.'
BofA Securities, Goldman Sachs & Co. LLC, and Piper Sandler are acting as joint lead book-running managers for the proposed offering. Truist Securities and BTIG are acting as joint book-runners for the proposed offering.
The proposed offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained from: BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, North Carolina 28255-0001, Attention: Prospectus Department, or by email at dg.prospectus_requests@bofa.com; Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, by email at prospectus-ny@ny.email.gs.com, or by phone number at (866) 471-2526; or Piper Sandler & Co., Attention: Prospectus Department, 350 North 5th Street, Suite 1300, Minneapolis, Minnesota 55402, by email at prospectus@psc.com, or by telephone at (800) 747-3924.
A registration statement on Form S-1 relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Carlsmed
Carlsmed is a commercial-stage medical technology company pioneering AI-enabled personalized spine surgery solutions with a mission to improve outcomes and decrease the cost of healthcare for spine surgery and beyond. We are focused on becoming the standard of care for spine fusion surgery.
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[3] Material group I: One of the classifications of molded materials in IEC 60664-1 [4] refers to materials with a Comparative Tracking Index (CTI) [2] of 600 and more. [4] IEC 60664-1: This standard specifies principles, requirements, and test methods for insulation coordination for systems up to AC 1000V or DC 1500V. [5] A creepage distance of 7.5mm or more: The required creepage distance for an operating voltage 1500V, material group I, pollution degree 2 (the degree of pollution of the operating environment where electrical equipment is used: pollutants are entirely non-conductive, but could potentially be rendered conductive by condensation.) [6] SO16L-T: The package used for Toshiba's TLX9160T and TLX9152M. [7] IEC 60112: An international standard that specifies testing methods for measuring the Comparative Tracking Index (CTI) of insulating materials. This standard is used to evaluate electrical breakdown (tracking) characteristics at the surface of solid insulating materials. Applications Automotive equipment: BMS (battery voltage monitoring, mechanical relay sticking detections, ground fault detections, etc.) Industrial equipment: ESS Replacement of mechanical relays Features Output withstand voltage: V OFF =1800V (min) Normally opened (1-Form-A) device Avalanche current rating: I AV =0.6mA High isolation voltage: 5000Vrms (min) AEC-Q101 qualified Compliant with IEC 60664-1 International Standard Main Specifications (Unless otherwise specified, T a =25℃) Part number TLX9165T Contact 1-Form-A Absolute maximum ratings Input forward current I F (mA) 30 ON-state current I ON (mA) 30 Operating temperature T opr (°C) -40 to 125 Avalanche current I AV (mA) 0.6 Electrical characteristics OFF-state current I OFF (μA) V OFF =1500V Max 0.1 Output withstand voltage V OFF (V) I OFF =10μA Min 1800 Recommended operating conditions Supply voltage V DD (V) Max 1500 Coupled electrical characteristics Trigger LED current I FT (mA) I ON =30mA, t=10ms Max 3 Return LED current I FC (mA) I OFF =100μA, T a =-40 to 125°C, t=40ms Min 0.05 ON-state resistance R ON (Ω) I ON =30mA, I F =10mA, t<1s Max 340 Switching characteristics Turn-on time t ON (ms) I F =10mA, R L =20kΩ, V DD =40V Max 1 Turn-off time t OFF (ms) Max 1 Isolation characteristics Isolation voltage BV S (Vrms) AC, 60s Min 5000 Clearance distance (mm) Min 8 Creepage distance (mm) Min 8 Package Name 10pin SO16L-T Size (mm) Typ. Sample Check & Availability Buy Online Expand Follow the link below for more on the new product. TLX9165T Follow the link below for more on Toshiba's Isolators and Solid State Relays. Isolators/Solid State Relays Follow the link below for more on Toshiba's Automotive Devices. Automotive Devices To check availability of the new products at online distributors, visit: TLX9165T Buy Online * Company names, product names, and service names may be trademarks of their respective companies. * Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice. About Toshiba Electronic Devices & Storage Corporation Toshiba Electronic Devices & Storage Corporation, a leading supplier of advanced semiconductor and storage solutions, draws on over half a century of experience and innovation to offer customers and business partners outstanding discrete semiconductors, system LSIs and HDD products. Its 19,400 employees around the world share a determination to maximize product value, and to promote close collaboration with customers in the co-creation of value and new markets. The company looks forward to building and to contributing to a better future for people everywhere. Find out more at
