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Orthopedic and Dental Industry News Complete Archive »

Aurora Spine Completes IPO BY ANDREW VAHRADIAN, SEPTEMBER 9, 2013

Aurora Spine Corporation completed its initial public offering (IPO) of 5,150,000 common shares at a price per share of $0.70, for total gross proceeds of $3,605,000.

Aurora Spine's common shares are expected to commence trading on the TSX Venture Exchange under the symbol "ASG" as of the opening of trading on or about September 10, 2013. The majority of the proceeds of the offering will be used to fund costs associated with completing development, testing and launching of Aurora Spine's second lumbar fusion device.

Prior to, and in connection with, the offering, Aurora Spine became the sole stockholder of Aurora Spine, Inc.

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