Amedica Announces IPO

Spinal Tech

Salt Lake City-based Amedica will offer 3,500,000 shares at $5.75 per share for its initial public offering on the NASDAQ Capital Market.

It has begun trading as of Feb. 13 under the ticker symbol "AMDA," according to news release.

The company is also granting a 30-day opportunity to its underwriters to purchase up to 525,000 additional shares of common stock at the IPO price minus an underwriting discount, according to the release.

The offering will likely close Feb. 19.


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