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AtriCure Inc prices public offering of common stock

Thursday, 13 Feb 2014 09:02am EST 

AtriCure Inc:Announces pricing of its previously announced underwritten public offering of 4,250,000 shares of its common stock at a public offering price of $19.25 per share.Says it is offering 3,023,025 shares and selling stockholders are offering 1,226,975 shares of common stock.Says in connection with the offering, it has also granted the underwriter a 30-day option to purchase up to an additional 637,500 shares of common stock to cover over-allotments, if any.Says net proceeds from the sale of the shares by AtriCure after underwriting discounts and commissions and other offering expenses are expected to be about $54.4 mln.Says it plans to use the net proceeds from the offering for general corporate purposes and working capital.Says the offering is expected to close on Feb.19.Says Piper Jaffray & Co. is acting as the sole book-running manager.Says Canaccord Genuity Inc., Leerink Partners LLC, Stifel and Barrington Research Associates are acting as co-managers for the offering. 

Company Quote

0.32 +1.84%
5 Mar 2015