OrthoPediatrics files $75M IPO: 4 notes

Spinal Tech

OrthoPediatrics filed an initial public offering to raise up to $75 million, according to a Renaissance Capital report.

Here are four notes:

 

1. The company will likely list its stock on the Nasdaq stock exchange under the symbol KIDS.

 

2. Recently, the company's RESPONSE Spine System received regulatory clearance in Japan.

 

3. Piper Jaffray and Stifel are the joint bookrunners on the deal.

 

4. OrthoPediatrics focuses exclusively on treatments for pediatric orthopedic conditions.

 

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