K2M Group Holdings, Inc. announces pricing of its IPO
K2M Group Holdings, Inc., a global medical device company focused on designing, developing and commercializing innovative and proprietary complex spine technologies, techniques and minimally invasive procedures, today announced the pricing of its initial public offering of 8,825,000 shares of common stock at a price of USD 15 per share. In addition, the selling stockholders named in the registration statement have granted the underwriters a 30-day option from the date of the prospectus to purchase up to 1,323,750 additional shares of common stock at the initial public offering price, less underwriting discounts. The Company will not receive proceeds from any exercise by the underwriters of their option to purchase additional shares from the selling stockholders. The common stock is expected to begin trading on The NASDAQ Global Select Market on May 8, 2014 under the trading symbol "KTWO."
K2M Group Holdings, Inc., a global medical device company focused on designing, developing and commercializing innovative and proprietary complex spine technologies, techniques and minimally invasive procedures, today announced the pricing of its initial public offering of 8,825,000 shares of common stock at a price of USD 15 per share. In addition, the selling stockholders named in the registration statement have granted the underwriters a 30-day option from the date of the prospectus to purchase up to 1,323,750 additional shares of common stock at the initial public offering price, less underwriting discounts. The Company will not receive proceeds from any exercise by the underwriters of their option to purchase additional shares from the selling stockholders. The common stock is expected to begin trading on The NASDAQ Global Select Market on May 8, 2014 under the trading symbol "KTWO."
