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OrthoPediatrics closes $64.1M common stock offering

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OrthoPediatrics closes $64.1M common stock offering

OrthoPediatrics Corp. raised $64.1 million in gross proceeds via a common stock offering.

The Warsaw, Ind.-based medical device company sold a total of 1,805,500 common shares at $36.50 apiece. This includes 50,000 shares offered by certain stockholders and shares sold to underwriters as they exercised the overallotment option provided by the company.

Piper Jaffray and Stifel were joint book-running managers for the offering, while BTIG, JMP Securities and SunTrust Robinson Humphrey were co-managers.