Auris prices IPO, to trade Wednesday

Audiology company Auris Medical Holding AG (NASDAQ:EARS) raised $56.4 million through the sale of 9.4 million shares at $6 in an IPO. The price values the company at $169.4 million. Last month, Auris said it planned to sell 6.9 million shares at $10-$12. At the $11 midpoint, the company would have raised $75.9 million and been valued at $283.2 million. Jefferies; Leerink Partners; JMP Securities; and Needham are underwriters. Auris is slated to begin trading on NASDAQ on Wednesday. ...