OrthoPediatrics (KIDS) Prices 1.6M Share Common Offering at $47/Sh

OrthoPediatrics Corp. (NASDAQ: KIDS) announced today the pricing of its underwritten public offering of 1,600,000 shares of its common stock at a price to the public of $47.00 per share.

The offering is expected to close on or around June 22, 2020, subject to customary closing conditions. In addition, OrthoPediatrics has granted the underwriters a 30-day option to purchase up to an additional 240,000 shares of its common stock at the public offering price, less the underwriting discounts and commissions.

Piper Sandler and Stifel are acting as joint book-running managers and BTIG, JMP Securities, Needham & Company, and SunTrust Robinson Humphrey are acting as co-managers of the proposed offering.

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