Alphatec’s $85 Million Common Stock Offering

Latham & Watkins LLP represented the underwriters in the offering.

Alphatec Holdings, Inc. has announced the pricing of an underwritten public offering of 11,428,570 shares of its common stock at a public offering price of US$8.75 per share. ATEC intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of common stock sold in the offering.

Morgan Stanley and Cowen are acting as joint book-running managers in the offering. Canaccord Genuity LLC is acting as lead manager in the offering with Lake Street Capital Markets, LLC and Northland Capital Markets acting as co-managers.

Alphatec Holdings, Inc. (ATEC) is a provider of innovative spine surgery solutions dedicated to revolutionizing the approach to spine surgery.

Latham & Watkins LLP represented the underwriters in the offering with a capital markets team led by New York partners Nathan Ajiashvili (Picture) and Michael Benjamin, with associates Matt DeSilva and Laura Harper.

Involved fees earner: Nathan Ajiashvili – Latham & Watkins; Michael Benjamin – Latham & Watkins; Matthew DeSilva – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Canaccord Genuity; Cowen and Company; Lake Street Capital Markets LLC; Morgan Stanley; Northland Capital Markets;

Author: Ambrogio Visconti