hear.com N.V., the largest online provider of expert, medical-grade hearing care globally, today announced that it has postponed plans for its initial public offering due to current challenging equity market conditions. The company will continue to monitor the market for more stable conditions.
Morgan Stanley and J.P. Morgan are acting as joint lead book-running managers for the proposed offering and as representatives of the underwriters for the proposed offering. Deutsche Bank Securities and Goldman Sachs Co. LLC are acting as active book-running managers. BofA Securities, William Blair, and Truist Securities are also acting as book-running managers for the proposed offering.
A registration statement on Form F-1, including a prospectus, relating to these securities has been filed with the Securities and Exchange Commission (the "SEC"), but has not yet been declared effective. These Securities may not be sold nor may offers to buy be accepted until the Registration Statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The proposed offering will be made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from the SEC's website or from: Morgan Stanley Co. LLC, Prospectus Department, 180 Varick Street, New York, NY 10014, or by email to prospectus@morganstanley.com; or J.P. Morgan Securities LLC, via Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717; or Deutsche Bank Securities Inc., Prospectus Group, 60 Wall Street, New York, NY 10005-2836, telephone (800) 503-4611 or by emailing prospectus.CPDG@db.com; or Goldman Sachs Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing Prospectus-ny@ny.email.gs.com.
About hear.com
hear.com is on a mission to bring high quality hearing care to anyone, anywhere. Founded in 2012 and headquartered in the Netherlands, hear.com has grown to become the largest online provider of expert, medical-grade hearing care globally. hear.com has helped millions get on the path to better hearing with its Hearing Success Program.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210513006018/en/
Contacts:
Investor Relations:
Jack Smet
Head of Investor Relations
jack.smet@hear.com
Media:
Daniel Yunger Maddie Sewani
Kekst CNC
daniel.yunger@kekstcnc.com maddie.sewani@kekstcnc.com
