K2M Group Holdings, which develops and sells medical devices for use in spine surgeries, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The Leesburg, VA-based company, which was founded in 2004 and booked $158 million in...read more
Outback Steakhouse operator Bloomin' Brands (BLMN) and fabless chip provider Peregrine Semiconductor (PSMI) continued the trend of producing positive returns after pricing below the midpoint of their proposed ranges. Both companies offered investors a...read more
With its regular August hiatus approaching, the US IPO market began stumbling last week. Only two deals, Eloqua (ELOQ) and Globus Medical (GMED), priced while an equal number...read more
Globus Medical, which sells spine implants to hospitals for use in surgical procedures, raised $100 million by offering 8.3 million shares at $12.00, the low end of the revised range of $12.00 to $13.00. The company had previously filed to sell 11.8 million...read more
Spinal device company K2M Group files for a $100 million IPO
K2M Group Holdings, which develops and sells medical devices for use in spine surgeries, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The Leesburg, VA-based company, which was founded in 2004 and booked $158 million in...read more
Pricing pressure produces positive performance for Bloomin' and Peregrine
Outback Steakhouse operator Bloomin' Brands (BLMN) and fabless chip provider Peregrine Semiconductor (PSMI) continued the trend of producing positive returns after pricing below the midpoint of their proposed ranges. Both companies offered investors a...read more
US IPO market stumbles before August hiatus
With its regular August hiatus approaching, the US IPO market began stumbling last week. Only two deals, Eloqua (ELOQ) and Globus Medical (GMED), priced while an equal number...read more
Globus Medical prices IPO at $12, low end of the revised range
Globus Medical, which sells spine implants to hospitals for use in surgical procedures, raised $100 million by offering 8.3 million shares at $12.00, the low end of the revised range of $12.00 to $13.00. The company had previously filed to sell 11.8 million...read more