Added to YB: 2025-03-05
Pitch date: 2025-03-04
FNA [bullish]
Paragon 28, Inc.
+0.69%
current return
Author Info
Biotenic is a freelance L/S biotech investment analyst sharing investment theses. Sign up for the newsletter.
Company Info
Paragon 28, Inc. develops, distributes, and sells foot and ankle surgical systems in the United States and internationally.
Market Cap
$1.1B
Pitch Price
$13.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
-54.81
P/E
-19.83
EV/Sales
4.59
Sector
Health Care Equipment and Supplies
Category
special_situation
Things that hopefully won't go down 10% every day - $FNA
FNA: Medical device merger at $13 + $1 CVR, trading ~$13. HSR expiry next week could boost stock. CEO staying on, owns significant stake, incentivized for CVR payout. Merger likely to close H1. 'Free' CVR opportunity with limited downside risk.
Read full article (1 min)