OrthoPediatrics (KIDS) Prices 4M Share IPO at $13/Sh

October 12, 2017 7:02 AM EDT

OrthoPediatrics Corp. (NASDAQ: KIDS) announced today the pricing of its initial public offering of 4,000,000 shares of its common stock at public offering price of $13.00 per share. In addition, OrthoPediatrics has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of its common stock at the public offering price, less the underwriting discount. The shares are expected to begin trading on the NASDAQ Global Market on October 12, 2017, under the ticker symbol “KIDS.” The offering is scheduled to close on October 16, 2017, subject to customary closing conditions.

Piper Jaffray and Stifel are acting as joint book-running managers, William Blair is acting as lead manager and BTIG is acting as co-manager for the offering.



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