Mazor Robotics raising $41m on Nasdaq

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

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

5 Comments
View comments in rows
Update by email about comments talkback
POST
Comments
Your name
Please insert your name
Content
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

Thanks
You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
Yaron Daniely Replacing Ritalin

Alcobra has had two successful Nasdaq offerings this year as it develops an ADHD treatment with fewer side effects.

Twitter Facebook Linkedin RSS Newsletters