Aurora Spine Corporation Completes Initial Public Offering (press release)
Aurora Spine Corporation ("Aurora Spine") is pleased to announce that it has completed its previously announced initial public offering of 5,150,000 common shares (the "Shares") at a price per share of USD$0.70, for total gross proceeds of USD$3,605,000. The offering was made on a "best efforts" agency basis by M Partners Inc.
Aurora Spine's common shares are expected to commence trading on the TSX Venture Exchange under the symbol "ASG" as of the opening of trading on or about September 10, 2013.
Prior to, and in connection with, the offering, Aurora Spine became the sole stockholder of Aurora Spine, Inc., an early stage company focused on bringing new solutions to the spinal implant market through a series of innovative, minimally invasive, regenerative spinal implant technologies.
The majority of the proceeds of the offering will be used to fund costs associated with completing development, testing and launching of Aurora Spine's second lumbar fusion device.
"We are very proud to have completed our IPO so successfully and to become a public company on the TSX Venture Exchange," said Trent Northcutt, Auror...
