SeaSpine Prices $50MM Public Offering of Stock

SeaSpine (SPNE), developer of fusion systems for lumbar, thoracic and cervical spine, priced its previously-announced underwritten public offering of 3.25MM shares of common stock at US $15.50/share. The offering is slated to close by October 15.

Gross proceeds are expected to be ~$50.4MM before deducting expenses. The company granted...

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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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