Avedro, Inc. (AVDR) Prices 5M Share IPO at $14/Sh

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Avedro Announces Pricing of Initial Public Offering

February 13, 2019 9:20 PM EST

WALTHAM, Mass., Feb. 13, 2019 (GLOBE NEWSWIRE) -- Avedro, Inc. (Nasdaq: AVDR) (Avedro), a leading commercial-stage ophthalmic medical technology company focused on treating corneal ectatic disorders and improving vision to reduce dependency on eyeglasses or contact lenses, today announced the pricing of its initial public offering of 5,000,000 shares of common stock at a price to the public of $14.00 per share, for total gross proceeds of $70.0 million. In addition, Avedro has granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock at the initial public offering price less underwriting discounts and... More