Mobia Medical Acquisition | Healthcare Deal in TX

Mobia Medical has completed the acquisition of Mobia Medical, a medical devices business in Texas, for $150.0 million. Mobia Medical is a commercial-stage healthcare medical devices company focused on stroke recovery for survivors with life-altering motor impairments, supporting motor function rehabilitation. The healthcare M&A deal is structured as an initial public offering, with shares priced at $15.00 per share and expected gross proceeds of approximately $150.0 million for TX acquisitions. The other acquisition follows a Nasdaq Global Select Market listing under ticker MOBI, with trading expected to begin May 8, 2026, and closing expected May 11, 2026, subject to customary conditions. Mobia Medical acquisition activity includes a 30-day underwriters’ option to purchase up to an additional 1,500,000 shares, aligning with other acquisition financing for healthcare deals TX.