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Swiss Dental Startup Eyes US IPO This Year

Summary

  • Swiss dental startup Vardis Holding AG is preparing for a US IPO.
  • The company is working with major banks JPMorgan and Goldman Sachs.
  • The potential initial public offering could occur within this year.
Swiss Dental Startup Eyes US IPO This Year

Vardis Holding AG, a Swiss dental startup, is making moves towards a significant financial milestone. The company is currently collaborating with investment banks to facilitate a U.S. initial public offering (IPO), with the possibility of this event occurring within the current year.

Sources familiar with the matter indicate that JPMorgan Chase & Co. and Goldman Sachs Group have been brought on board to guide Vardis through the IPO process. This collaboration highlights the startup's ambition to access public markets and secure further growth capital.

The company was founded by sisters Haley and Goly Abivardi, who have steered Vardis towards this potential public offering. The move signifies a notable development for the Swiss-based dental firm.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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