FinancialSpine

Medical device co Mazor raises double planned sum

Mazor Surgical Technologies Ltd. (TASE:MZOR) raised NIS 48 million in shares and warrants in the public tender of its offering. The tender was held at NIS 9.10 per share, above both the minimum price of NIS 8.50 per share, and the NIS 8.70 set in the institutional tender last week.

Mazor offered the public 5.17 million shares and 3.88 million warrants in units of 100 shares and 75 warrants. The offering of 51,720 units was closed on Thursday. The company received orders for 88,382 units for a total value of NIS 85.1 million.

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Josh Sandberg

Josh Sandberg is the President of Ortho Sales Partners and Partner for The De Angelis Group. He also serves as Co-Founder and Editor of OrthoSpineNews.

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