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Nuvectra™ Announces Pricing of Follow-On Stock Offering
Feb. 01, 2018 09:52AM PST
Medical Device InvestingNuvectra (NASDAQ:NVTR), a neurostimulation medical device company, announced today the pricing of its underwritten follow-on public offering of 2,825,000 shares of its common stock at a price to the public of $8.00 per share. As quoted in the press release: The offering is expected to close on or about February 5, 2018, subject to customary closing …
Nuvectra (NASDAQ:NVTR), a neurostimulation medical device company, announced today the pricing of its underwritten follow-on public offering of 2,825,000 shares of its common stock at a price to the public of $8.00 per share.
As quoted in the press release:
The offering is expected to close on or about February 5, 2018, subject to customary closing conditions. In addition, Nuvectra has granted the underwriters a 30-day option to purchase up to 423,750 additional shares of common stock on the same terms and conditions.
Piper Jaffray is acting as sole book-running manager for the offering. JMP Securities and SunTrust Robinson Humphrey are acting as co-managers.
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