Austin medical device maker sets public offering, expects to raise $25M

Apr 3, 2014
Austin Business Journal

LDR Holding Corp. is planning to raise $25 million in a secondary public offering of its common stock

The Austin-based medical device maker expects to sell 3.8 million shares of common stock in the offering, which includes an option for the underwriters to purchase additional shares to cover over-allotments, according to a Wednesday filing with the U.S. Securities and Exchange Commission

LDR Holding (Nasdaq: LDRH), founded in France in 2000, develops implantable spine devices and instrumentation. The company employs 323 workers and operates offices in Germany, Spain, China, South Korea and Brazil

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