trending Market Intelligence /marketintelligence/en/news-insights/trending/WsaozCoEQRX8WNOuit_T-g2 content esgSubNav
In This List

Tandem Diabetes prices $16.2M offering

Blog

A Pharmaceutical Company Capitalizes on M&A Activity with Brokerage Research

Blog

2021 Year in Review: Highlighting Key Investment Banking Trends

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Global M&A By the Numbers: Q3 2021


Tandem Diabetes prices $16.2M offering

Tandem Diabetes Care Inc. priced its previously announced public offering of 4,630,000 shares at $3.5 apiece to raise $16.2 million in gross proceeds.

Each share comes bundled with two warrants, each to purchase an additional stock in the company for $3.50 apiece.

The medical device company plans to use proceeds from the offering, which is expected to close by Oct. 17, for general corporate purposes.

Oppenheimer & Co. Inc. is acting as the sole book-running manager of the issue, with National Securities Corp. acting as co-manager.