Miromatrix Medical Inc.

MIRO

We are a life sciences company pioneering a novel technology for bioengineering fully transplantable human organs to help save and improve patients’ lives. Organ disease is a major public health issue. According to the American Transplant Foundation there are an estimated 114,000 people in the United States waiting for a lifesaving organ transplant, and on average 20 people die daily due to lack of available organs.

We have developed a proprietary perfusion technology platform for bioengineering organs that we believe will efficiently scale to address the shortage of available human organs. Our initial development focus is on human livers and kidneys, and we have demonstrated the ability to bioengineer these organs with functional vasculature and important organ function in preclinical studies. In addition, we believe our technology platform will be able to develop other organs including, lungs, pancreas, and hearts. We have collaborations with the Mayo Clinic, Mount Sinai and the Texas Heart Institute, and our strategic investors include DaVita, Baxter and CareDx.

Our proprietary perfusion decellularization and recellularization technology harnesses the powerful evolutionary forces shaping complex organ development and the regenerative capabilities of living human cells. We believe the organs we are developing could have significant functional and immunological advantages compared to other organ development techniques which rely on the genetic modification of animal cells, such as xenotransplantation. Our perfusion decellularization and recellularization technology platform includes 118 issued and 35 pending patent applications with protection in the U.S. and major markets worldwide.
 

Offer Price Offer Size 3-Year Outlook Volatility 1st Day Turnover
$9.00 4,800,000 Positive High 74.1%

Offering Team

Deal Managers

  • Craig Hallum Capital

Lawyers

  • Faegre and Benson LLP

Auditors

  • Baker Tilly Virchow Krause, LLP

Pre-IPO Investors

Investors

  • Google Ventures
  • Intel Ventures
  • Patricoff Ventures
  • Kleiner Perkins

Pre-IPO Holdings(%)

  • 30
  • 20
  • 05
  • 18

Deal Highlights

Deal Tracker

Investors

Filing

23 Jun, 2021

Offer

24 Jun, 2021

Look Ahead

Lock Up Expiry

24 Dec, 2021

Earning

Nov 1, 2018

IPO Terms

Offer Price $9.00
Offer Size 4M

Market Sentiments

Stock Price