SmileDirectClub hopes to raise $100M in IPO
Direct-to-consumer teeth-straightening service company SmileDirectClub filed an initial public offering (IPO) on August 16. The company hopes to raise $100 million, according to documents filed with the U.S. Securities and Exchange Commission (SEC). The Nashville-based company, which sells clear aligners at a fraction of the cost of what patients pay to get traditional braces, stated in its SEC filing that it had treated more than 700,000 patients in the U.S. Puerto, Rico,


