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LMAT - LeMaitre prices 1M-share offering at $54.50
LeMaitre Vascular Inc.
LeMaitre Vascular (LMAT) has priced its public offering of 1M common shares at $54.50/share, for expected gross proceeds of ~$54.5M.Underwriters' over-allotment is an additional 150K shares. Net proceeds will be used to repay outstanding borrowings, for general corporate purposes, working capital and to fund potential future acquisitions.Closing date is July 16.Jefferies and Stifel are acting as joint book-running managers. KeyBanc Capital Markets is acting as co-lead manager.Shares down 7% after-hours.