FDAnews Device Daily Bulletin

SPECTRANETICS OFFERS 3,600,000 SHARES OF COMMON STOCK

May 5, 2006
A A

The Spectranetics Corporation today announced that it is offering 3,600,000 shares of its common stock at a public offering price of $12.50 per share. The offering is expected to close on Tuesday, May 9, 2006 and is subject to the satisfaction of customary closing conditions. Spectranetics has granted the underwriters a 30-day option to purchase up to an additional 540,000 shares of common stock to cover overallotments, if any.
PR Newswire