- OrthoPediatrics ( NASDAQ: KIDS ) on Thursday priced its underwritten public offering of 750K shares and pre-funded warrants to buy up to 1.5M shares.
- The shares are being offered at $55/share and the pre-funded warrants are being offered at $54.99975/warrant.
- The pre-funded warrants have an exercise price of $0.00025/share.
- Gross proceeds to KIDS are expected to be ~$125M.
- KIDS granted underwriters a 30-day option to buy up to an additional ~341.3K shares at the public offering price.
- The offering is expected to close on or about Aug. 15.
For further details see:
OrthoPediatrics prices offering of stock, pre-funded warrants