Global medical device company LDR Holding Corporation recently announced the holding of an IPO of its shares. The company, whose main business is in the design and sale of novel and proprietary spinal surgical technology, had offered a volume of five million shares of common stock, each priced at USD15.00.
The share offer also had a 30 day underwriters' option of another 750,000 shares to cover any overallotments. All the shares subject of the IPO were offered by the company. The said IPO has been approved by the US Securities and Exchange Commission.
The said shared are scheduled to begin trading at the NASDAQ stock market on October 9, under the ticker symbol 'LDRH'. The close of the IPO was set on October 15.
The joint bookrunners for the IPO are Piper Jaffray & Co., William Blair & Company LLC and Bryan, Garnier & Co. Co-managers for the offer incude Cowen and Company, JMP Securities LLC and Stephens Inc.
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