SeaSpine Holdings (SPNE) Prices 6.8M Share Common Offering at $12.50/Sh
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SeaSpine Prices Public Offering of Common Stock
January 7, 2020 8:41 PM ESTCARLSBAD, Calif., Jan. 07, 2020 (GLOBE NEWSWIRE) -- SeaSpine Holdings Corporation (NASDAQ: SPNE) (SeaSpine or the Company), 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 6,800,000 shares of its common stock at a public offering price of $12.50 per share. The gross proceeds to SeaSpine, before deducting the underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $85.0 million. The offering is expected to close on or about January 10, 2020, subject to customary closing conditions.
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