OrthoPediatrics Closes IPO at $59.8 Million

OrthoPediatrics closed its initial public offering of 4.6MM shares of common stock at $13/share, including the full exercise of an option for underwriters to purchase 600,000 additional shares. Gross proceeds equalled US $59.8MM. Shares are now trading on NASDAQ as KIDS.

Funds will pay accumulated and unpaid dividends on Series B preferred...

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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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