AUSTIN, Texas — LDR Holding, which develops medical devices for use in spine surgery, filed on Monday with the SEC to raise up to $69 million in an initial public offering. The Austin, TX-based company, which was founded in 2000 and booked $98 million in sales for the 12 months ended June 30, 2013, has yet to announce an exchange or a ticker. LDR Holding initially filed confidentially on June 5, 2013. Piper Jaffray, William Blair and Bryan, Garnier & Co are the joint bookrunners on the deal. No pricing terms were disclosed.
About LDR
LDR, founded in Troyes, France, and headquartered in Austin, Texas, is a global medical device company focused on designing and commercializing novel and proprietary surgical technologies for the treatment of patients suffering from spine disorders. Exclusive LDR technologies are based on the Mobi non-fusion and VerteBRIDGE® fusion platforms which have applications in cervical and lumbar spine. In addition to Austin and Troyes, LDR has regional offices in Germany, Spain, China, South Korea and Brazil. More information regarding LDR can be found at www.ldr.com.
LDR Holding files for a $69 million IPO
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