Alphatec Holdings (ATEC) Announces Proposed $150M Share Offering

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ATEC Announces Proposed Public Offering of Common Stock

October 24, 2023 4:01 PM EDT

CARLSBAD, Calif.--(BUSINESS WIRE)-- Alphatec Holdings, Inc. (ATEC) (NASDAQ: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, today announced that it has commenced a proposed underwritten public offering of $150 million of shares of its common stock. In connection with the proposed offering, ATEC intends to grant the underwriters a 30-day option to purchase up to an additional $22.5 million of shares of its common stock sold in the offering. All of the shares in the offering are to be sold by ATEC. The offering is subject to... More