other material
confidence high
sentiment neutral
materiality 0.55
LeMaitre Vascular closes public offering of 1M shares at $54.50, netting ~$51M
LEMAITRE VASCULAR INC
- Sold 1,000,000 shares at $54.50 per share; underwriters have 30-day option for up to 150,000 additional shares.
- Net proceeds of approximately $51.0 million after underwriting discounts and offering expenses.
- Directors and executive officers subject to 90-day lock-up on sale of Common Stock.
- Underwriting agreement with Jefferies LLC and Stifel, Nicolaus & Company as representatives.
- Offering closed on July 16, 2021; proceeds for general corporate purposes.