UPDATE: TransMedics Group (TMDX) Prices 5M Share Common Offering at $14/Sh

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Go back to UPDATE: TransMedics Group (TMDX) Prices 5M Share Common Offering at $14/Sh

TransMedics Announces Pricing of Public Offering of Common Stock

May 26, 2020 6:49 PM EDT

ANDOVER, Mass., May 26, 2020 (GLOBE NEWSWIRE) -- TransMedics Group, Inc. (TransMedics) (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart and liver failure, announced today the pricing of an underwritten public offering of 5,000,000 shares of its common stock at a price to the public of $14.00 per share. All of the shares are being offered by TransMedics.

The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by TransMedics, are expected to be $70.0 million. The offering is... More