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News...offering.Cardiovascular Systems Prices Public Offering of Common Stock

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Hawkeye_tt   Wednesday, 06/10/20 11:11:42 AM
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News...offering.

Cardiovascular Systems Prices Public Offering of Common Stock
June 09 2020 - 10:32PM
Business Wire Print
Cardiovascular Systems, Inc. (CSI) (Nasdaq: CSII), a medical device company developing and commercializing innovative interventional treatment systems for patients with peripheral and coronary artery disease, today announced the pricing of its previously announced underwritten public offering of 3,676,471 shares of its common stock at a price to the public of $34.00 per share. Gross proceeds to CSI from the offering are expected to be approximately $125.0 million, before deducting underwriting discounts and commissions and offering expenses. In connection with the offering, CSI has granted to the underwriters of the offering a 30-day option to purchase up to an additional 551,470 shares of common stock at the same price to the public. The offering is expected to close on June 12, 2020, subject to customary closing conditions.

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