K2M Closes IPO With Net Proceeds of Around $120M

K2M has closed its initial public offering and received net proceeds of approximately $120 million, after deducting underwriting discounts and estimated offering expenses.

Advertisement

The company’s IPO offered 8.8 million shares of common stock at a price of $15 per share to the public.

 

Piper Jaffray & Co., Barclays Capital and Wells Fargo Securities acted as joint book-running managers for the offering.

 

K2M is a global medical device company focused on designing, developing and commercializing complex spine technologies, techniques and minimally invasive procedures.

More Articles on Devices:  

5 Key Results: LDR’s Mobi-C Artificial Disc Replacement vs. ACDF
FDA Clears AccelSPINE’s Next Generation Minimally Invasive Spine System
Global Medical Device Market to Grow at 6.2% Annually Until 2018

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

  • From new product launches and leadership appointments, here are seven key headlines from Stryker in the first quarter of 2026.…

  • Xtant Medical’s 2025 revenue reached $133.9 million, a 14% increase year over year, according to financial results posted March 31.…

Advertisement

Comments are closed.