Novadaq (NVDQ) Prices 6.1M Offering at $5.75/Share
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Novadaq Technologies Inc. (Nasdaq: NVDQ), has priced an underwritten public offering of 6,100,000 newly issued common shares at a public offering price of US$5.75 per share.
The gross proceeds to Novadaq, before underwriting commissions and other offering expenses are expected to be approximately US$35.1 million. Novadaq has granted the underwriters of the offering an option to purchase an additional 915,000 common shares at the public offering price during the period ending 30 days from the date of Novadaq's final prospectus supplement filed in connection with the offering to cover over-allotments, if any.
The gross proceeds to Novadaq, before underwriting commissions and other offering expenses are expected to be approximately US$35.1 million. Novadaq has granted the underwriters of the offering an option to purchase an additional 915,000 common shares at the public offering price during the period ending 30 days from the date of Novadaq's final prospectus supplement filed in connection with the offering to cover over-allotments, if any.
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