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OrthoPediatrics Prices IPO Of 4 Mln Shares At $13.00/shr

OrthoPediatrics Corp., an orthopedic company focused exclusively on providing a comprehensive product offering to the pediatric orthopedic market, announced that it has priced its initial public offering of 4 million shares of its common stock at $13.00 per share.

In addition, OrthoPediatrics has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of its common stock at the public offering price, less the underwriting discount. The shares are expected to begin trading on the NASDAQ Global Market on October 12, 2017, under the ticker symbol "KIDS."

The offering is scheduled to close on October 16, 2017, subject to customary closing conditions.

by RTTNews Staff Writer

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