Implant system maker Spinal Elements files for $100M Nasdaq IPO (Fierce Biotech)
Spinal Elements, maker of a wide range of implants and products for minimally invasive spine procedures, has filed to go public with a $100 million Nasdaq IPO.
The proceeds will primarily be used to refinance and pay down its debts, according to the company’s prospectus filed with the Securities and Exchange Commission, followed by investments in growing its business. The exact pricing terms of the offering have not been disclosed and it plans to list on the stock exchange under the ticker "SPEL."
As of June 30, t...
