The robotics surgery company issued 2.4 million American Depositary Shares at $17.00 per ADS.
Mazor Robotics Ltd. (Nasdaq: MZOR; TASE:MZOR) was raising a gross $40.8 million in its offering on Nasdaq on Tuesday. The robotics surgery company issued 2.4 million American Depositary Shares at $17.00 per ADS. The underwriters have a 30-day option to purchase up to 360,000 additional ADSs at the offering price. The offering will close on November 4.
Barclays Capital Inc. is acting as sole book-running manager with Ladenburg Thalmann & Co. Inc., JMP Securities LLC and First Analysis Securities Corporation acting as co-managers of the offering.
Published by Globes [online], Israel business news - www.globes-online.com - on October 30, 2013
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