IPO for Motus GI Holdings, Inc.

$5.00 (Est. Date 02/14/2018)

We have developed a single use medical device system (the “Pure Vu system”), cleared by the United States Food and Drug Administration (the “FDA”), that is intended to connect to standard colonoscopes to help facilitate intraprocedural cleaning of a poorly prepared colon by irrigating or cleaning the colon and evacuating the irrigation fluid (water), feces and other bodily fluids and matter. The Pure Vu system has been designed to integrate with standard colonoscopes to enable cleaning during the procedure while preserving standard procedural workflow and techniques. Our Pure Vu system and the procedure to cleanse the colon in preparation for colonoscopy are not currently reimbursable through private or governmental third party payors in any country, but we intend to seek reimbursement through private or governmental third party payors in the future. We do not currently promote a particular prep regimen as this is left up to the discretion of the physician since our current indication does not reference any preparation protocol. We will look to expand the Pure Vu system indication to allow us to actively promote minimal prep capabilities directly to patients. We plan to initiate a clinical trial in 2018 that should facilitate approval of expanded labeling in 2019. To date, as part of our limited pilot launch, we have focused on collecting clinical data on the use of the Pure Vu system. We do not expect to generate significant revenue from product sales unless and until we expand our commercialization efforts.

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This information has been gathered from the company's offering prospectus.

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Key IPO Data

MOTS
NASDAQ
21,000,000
3,500,000
Piper Jaffray
This information has been gathered from the company's offering prospectus.

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A registration statement relating to these securities has been filed with the 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. No offer to buy the securities can be accepted and no part of the purchase price can be received until the registration statement has become effective, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to notice of its acceptance given after the effective date.