Alphatec Holdings (ATEC) Prices 14.3M Share Offering at $10.50/sh

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ATEC Announces Pricing of Public Offering of Common Stock

October 24, 2023 10:59 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 the pricing of an underwritten public offering of 14,300,000 shares of its common stock at a public offering price of $10.50 per share. The offering is expected to close on October 27, 2023, subject to the satisfaction of customary closing conditions. In connection with the offering, ATEC has granted the underwriters a 30-day option to purchase up to an additional 2,145,000 shares of common stock in the offering at the public offering price, less... More