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ATEC - ATEC under pressure on pricing equity offering
Alphatec Holdings Inc.
Alphatec Holdings (ATEC) -9.7% premarket after pricing 11,428,570 shares of its common stock at $8.75/share, for gross proceeds of ~$100M.Underwriters' over-allotment is an additional 1,714,285 shares.Closing date is October 16, 2020.A quick look at the company's ownership structure:Previously: ATEC -6% initiates equity offering (Oct. 13)