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SeaSpine (SPNE) trades 9.2% down after hours on commencing an underwritten public offering of shares; underwriters granted 30-day option to purchase up to an additional 15% of the shares.Offer size, terms not yet disclosed.Net proceeds along with its existing cash and equivalents will be used for financing the cash consideration of $27.5M for its acquisition of 7D Surgical.Remaining to be used for general corporate purposes.