TransEnterix (TRXC) Prices 22.058M Unit Offering at $0.68/Unit

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TransEnterix Announces Pricing of $15 Million Underwritten Public Offering

March 6, 2020 8:15 AM EST

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- TransEnterix, Inc. (NYSE American: TRXC), a medical device company that is digitizing the interface between the surgeon and the patient to improve minimally invasive surgery, today announced that it has priced its previously announced underwritten offering of units. The offering was comprised of (i) units of common stock and warrants to purchase shares of common stock and (ii) units of convertible preferred stock and warrants to purchase shares of common stock.

The offering was comprised of 14,121,766 common shares, 7,937,057 preferred shares, and series A warrants to... More