LDR Files Registration Statement for Proposed Initial Public Offering (press release)
LDR Holding, which develops medical devices for use in spine surgery, announced terms for its IPO on Thursday. The Austin, TX-based company plans to raise $75 million by offering 5.0 million shares at a price range of $14 to $16. At the midpoint of the proposed range, LDR Holding would command a fully diluted market value of $364 million.
LDR Holding, which was founded in 2000 and booked $98 million in sales for the 12 months ended June 30, 2013, plans to list on the NASDAQ under the symbol LDRH. LDR Holding initially filed confidentially on June 5, 2013. Piper Jaffray, William Blair and Bryan, Garnier & Co are the joint bookrunners on the deal.
Read Form S-1 here
LDR Holding Corporation announced today that it has filed a registration on Form S-1 with the Securities and Exchange Commission (“SEC”) for a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have yet to be determined. LDR plans to list its common stock on the NASDAQ Global Select Market under the ticker symbol “LDRH.”
Piper Jaffray & Co., Willi...
