Globus Medical raises its IPO ceiling to $150M from $100M

Globus of Audubon increases IPO goal (Philadelphia Business Journal) Globus Medical bumped up the maximum amount it is seeking to raise through an initial public stock offering to $150 million from $100 million, according to documents filed with the Securities and Exchange Commission this month. The Audubon, Pa., medical-device company, which specializes in products used in spinal surgery, filed plans to go public in late March.The last time a local life sciences company went public was in 2010 when NuPathe raised $50 million through an IPO. Globus Medical officials have declined to talk about...


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