Globus Medical Inc. (GMED), a spinal implant manufacturer, said it has priced of its initial public offering of 8.33 million Class A common shares at a price of $12 per share, comprising 2.08 million shares offered by Globus Medical and 6.25 million shares offered by selling stockholders.
Further, Globus Medical has granted the underwriters a 30-day option to buy up to an additional 1.25 million shares to cover any over-allotments. The offering may be complete on August 8, 2012. The shares are expected to begin trading on the New York Stock Exchange today under the symbol GMED.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.