Paragon 28 becomes public

The company offered 7.8 million shares at $16 and opened at $19.15. The return of investors at the pre-IPO stage to the opening price amounted to +133%

Paragon 28 made its public debut on Friday, October 15.

The company is now trading under the ticker symbol FNA, short for Foot & Ankle. It designs innovative solutions to improve the treatment of the most difficult foot and ankle conditions.

An option to invest in Paragon 28 pre-IPO was first introduced on our platform in December 2020. At the time a single share was worth $8.23 (after the split), at a total valuation of $550 million.

A 180-day lockup period applies to investors at the pre-IPO stage. Upon its expiration, we will start the process of transferring shares to our broker account.

Congratulations to our investors!