TransEnterix (TRXC) Announces Proposed Common Share Offering

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Go back to TransEnterix (TRXC) Announces Proposed Common Share Offering

TransEnterix Announces Launch of Underwritten Public Offering

March 5, 2020 4:15 PM EST

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- TransEnterix, Inc. (NYSE American: TRXC), a medical device company that is digitizing the interface between the surgeon and the patient to improve minimally invasive surgery, today announced that it has commenced an underwritten offering of units. The offering is expected to be comprised of (i) a unit of common stock and warrants to purchase shares of common stock and (ii) a unit of convertible preferred stock and warrants to purchase shares of common stock. The unit of convertible preferred stock and... More