TransEnterix (TRXC) Announces Proposed Common Share Offering

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

TransEnterix (TRXC) Prices 22.058M Unit Offering at $0.68/Unit

March 6, 2020 8:19 AM EST

TransEnterix, Inc. (NYSE: 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 priced its previously announced underwritten offering of units. The offering was comprised of (i) units of common stock and warrants to purchase shares of common stock and (ii) units of convertible preferred stock and warrants to purchase shares of common stock.

The offering was comprised of 14,121,766 common shares, 7,937,057 preferred shares, and... More