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.

Posted By

Josh Sandberg has been recruiting specifically in the musculoskeletal industry for over 8 years. Throughout this time, he has been able to have a positive impact on his client’s businesses. With an educational background in Business Management, Josh is adept to discern which people will be the best fit for the company he is searching for by understanding how candidates will incorporate with the company’s culture and operational nuances. His experience as an executive in a start-up business has granted him the ability to understand what is takes to thrive in a hands–on environment, where desire and dedication are paramount for success.