TAMPA, Fla. – SynDaver Labs kicked off the holiday season by giving away $1.5 million dollars of company stock to their employees at their company Christmas party this past Friday.
The private stock offering was distributed to all of SynDaver Labs’ employees in non-management positions. The company is in the early stages of planning for an initial public offering and although a date has not yet been set, the IPO is on track to launch in 2018.
The stock giveaway was the latest surprise for employees who also received a company-wide 20 percent salary raise in November. Other employee benefits include comprehensive insurance programs, paid vacation, fitness classes, nutrition counseling and free fresh produce.
Established in 2004 and featured on the ABC television show Shark Tank in the beginning of this year, SynDaver Labs has experienced massive growth in 2015 and looks to continue their success in 2016. In addition to Shark Tank, SynDaver’s products have been featured on Mythbusters, Grey’s Anatomy and the series finale of CSI.
The Tampa-based business is not only sharing its success with each of its current employees but is also focused on creating more jobs in the community.
“The holidays are all about giving back and in addition to our Holiday Toys-for-tots toy drive, we also wanted to show our employees how much we appreciate their hard work,” said Dr. Christopher Sakezles, chief technology officer and founder of SynDaver Labs. “SynDaver has huge plans for the upcoming year, we are hopeful that we can double our employees by the end of 2016.”
About SynDaver Labs
SynDaver Labs manufactures synthetic humans for training in schools, hospitals and military installations. SynDaver has the world’s largest database of live-tissue properties and all SynDaver tissues are made from water, salts, and fibers. The company currently has 10 patents on these materials, processes, and related products. SynDaver Labs is headquartered in Tampa, Florida and employs nearly 100 people. The company also has an advanced research facility located in Phoenix, Arizona and is planning additional facilities in the U.S., China, Europe, and Latin America.