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UPCOMING IPO

vVARDIS Holding AG (VVVV)

This company has not started trading yet. The live 5-factor QL signal switches on automatically on its first session.

About vVARDIS Holding AG

We believe, drawing on our industry experience, market understanding and extensive clinical evidence, that we have created a first-in-category healthcare platform: the first clinically validated treatment for early-stage cavities that helps preserve the natural tooth structure and enables the restoration of enamel crystal density throughout the lesion, in a similar way to how nature built the tooth.

From vVARDIS Holding AG's Form F-1/A filed with the SEC on 2026-11-06. The issuer's own words — QuantLogix does not paraphrase it.

Industry
Surgical & Medical Instruments & Apparatus
Headquarters
Baar, Switzerland
Incorporated in
V8

The offering

Ticker
VVVV
Exchange
XNYS
Expected listing
2026-11-091d ago
Expected price range
$21–$24
Deal size
$246M
gross proceeds
Shares offered
9,523,810
Share class
Healthcare

Use of proceeds

We intend to use the net proceeds from this offering for general corporate purposes, including working capital, operating expenses and capital expenditures.

From vVARDIS Holding AG's Form F-1/A filed with the SEC on 2026-11-06. Quoted from the prospectus.

Financials, as filed

The audited financial statements for this issuer are in its Form F-1/A filed 2026-11-06. QuantLogix only publishes figures it can read directly from the filing.

Risks vVARDIS Holding AG flags in its own filing

The first 6 items of the issuer's “Summary of Risk Factors”, verbatim — the prospectus lists more. From vVARDIS Holding AG's Form F-1/A filed with the SEC on 2026-11-06.

QL Listing Score — the prospectus, scored

57/100
Developing · high confidence
The evolution of the private-company QL Score at the point of listing: four evidence pillars read deterministically from the registration statement — growth, revenue quality, technology and risk — weights frozen per version (v1.1.0), pillars with no evidence excluded and reweighted, never defaulted.
Growth60
issuer states a $29B market opportunity
Revenue quality72
74.2% gross margin stated · recurring-revenue model per the filing
Technology74
technology-language density 9.6/10k words (lexical indicator, not a technical audit)
Risk32
material weakness in internal controls disclosed · dual-class share structure — public holders are outvoted · issuer will be a "controlled company" under exchange rules
Foundationno evidence — excluded
✓ No going-concern doubt⚠ Material weakness in controls⚠ Dual-class shares — public holders outvoted✓ No customer-concentration flag◆ Emerging growth company (reduced disclosure)◆ Issuer states a $29B market opportunity

From vVARDIS Holding AG's Form F-1/A filed with the SEC on 2026-11-06. Extraction is deterministic — the same filing always produces the same score; 504k characters of the document were scanned. Technology signals are lexical indicators, not a technical audit. Not investment advice; the debut itself will be this score's first grade.

Deal terms come from the public IPO calendar and change up to pricing — an expected date reads “to be announced” until the underwriters set it, and a range is not a final price. Implied market cap and float are arithmetic on those disclosed terms. Nothing on this page is a forecast or a recommendation.

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