ReconRobotics

TransEnterix opens $50m follow-on funding round

By Fink Densford

TransEnterix (NYSE:TRXC) said yesterday that it’s looking for $50 million from a follow-on offering of common stock to finance the sales and marketing of its SurgiBot robot-assisted surgery device.

The Research Triangle Park, N.C.-based company has not yet revealed the amount of shares, share price or date the offering will open.

Stifel and RBC Capital Markets will be book-runners on the offering, with Raymond James and BTIG as co-managers, TransEnterix said.

READ MORE HERE

Print Friendly, PDF & Email
Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close