EndoChoice (GI) IPO Opens Modestly Lower

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EndoChoice Announces Pricing of Its Initial Public Offering

June 4, 2015 6:36 PM EDT

ATLANTA, June 4, 2015 /PRNewswire/ -- EndoChoice today announced the pricing of its initial public offering of 6,350,000 shares of its common stock at a price to the public of $15.00 per share.  The offering is scheduled to close on June 10, 2015, subject to customary closing conditions.  The underwriters for the offering will also have a 30-day option to purchase up to an additional 952,500 shares of EndoChoice common stock at the price to the public, less the underwriting discounts and commissions. 

EndoChoice common stock is expected to begin trading on the New York Stock Exchange on June 5, 2015 under... More