Medical device firm Sight Sciences debuts IPO

Sight Sciences, a medical device company, has gone public after pricing its 10 million shares at $24 per share. The stock began trading July 15, 2021 on the NASDAQ under the ticker symbol “SGHT.” Morgan Stanley and BofA Securities are the lead underwriters. Sight Sciences’ pre-IPO backers include Hicks Equity Partners,Scientific Health Development and Allegro Investment Fund.

PRESS RELEASE

MENLO PARK, Calif., July 14, 2021 (GLOBE NEWSWIRE) — Sight Sciences, Inc., a growth-stage medical device company focused on the development and commercialization of proprietary devises that target the underlying causes of the world’s most prevalent eye diseases, today announced the pricing of its initial public offering of 10,000,000 shares of common stock at a public offering price of $24.00 per share. All shares of common stock are being offered by Sight Sciences for total gross proceeds of $240 million, before deducting underwriting discounts and commissions and offering expenses. In addition, Sight Sciences has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions. Sight Sciences’s common stock is expected to begin trading on the Nasdaq Global Market on July 15, 2021, under the ticker symbol “SGHT.” The offering is expected to close on July 19, 2021, subject to the satisfaction of customary closing conditions.

Morgan Stanley and BofA Securities are acting as joint lead book-running managers for the offering. Citigroup and Piper Sandler are also acting as book-running managers for the offering.

Registration statements relating to the shares being sold in this offering have been filed with the Securities and Exchange Commission and declared effective. The offering is being made only by means of a prospectus. When available, a copy of the final prospectus may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, via telephone at +1 (866) 718-1649 or by email at prospectus@morganstanley.com or from BofA Securities, Attention: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, by telephone at 1-800-294-1322 or by email at dg.prospectus_requests@bofa.com.