SeaSpine Commences Public Offering of Common Stock

Go back to SeaSpine Commences Public Offering of Common Stock

SeaSpine Holdings (SPNE) Prices 3.25M Share Offering at $15.50/Share

October 11, 2018 8:58 AM EDT

SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today announced the pricing of its previously announced underwritten public offering of 3,250,000 shares of its common stock at a public offering price of $15.50 per share. The gross proceeds to SeaSpine, before deducting the underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $50.4 million. The offering is expected to close on or about October 15, 2018, subject to customary closing conditions.

Wells Fargo Securities, LLC, Piper Jaffray & Co. and... More