Alphatec Announces $18.9 Million Private Placement

Alphatec entered into a definitive securities purchase agreement to raise ~US $18.9MM in a private placement of common stock, Series A Convertible Preferred Stock and warrants exercisable for common stock, expected to close by March 28.

Net proceeds will support general corporate/working capital purposes, e.g. surgeon user...

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Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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