trending Market Intelligence /marketintelligence/en/news-insights/trending/zhwXUp-VC-LjY7q8FXWcFg2 content esgSubNav
In This List

TransEnterix prices $20.3M public offering of shares

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


TransEnterix prices $20.3M public offering of shares

TransEnterix Inc. is set to raise about $20.3 million from a public offering of common shares.

The Morrisville, N.C.-based medical-device maker is offering 28 million shares.

TransEnterix has also given the underwriter a 30-day option to purchase $3 million of additional common shares.

The offer is expected to close Sept. 9, subject to customary closing conditions.

The company plans to use net proceeds for general corporate purposes, including working capital.

Cantor Fitzgerald & Co. is sole book-running manager for the offering.