LDR Holding Prices IPO At Mid-point Of Expected Range

(RTTNews) - LDR Holding Corp, a global medical device company focused on designing and commercializing novel and proprietary spinal surgical technologies, announced the pricing of initial public offering of 5 million shares of common stock at $15.00 per share, which is the mid-point of its estimated range of $14.00 and $16.00 per share. The offering is expected to close on October 15, 2013.

The Austin, Texas based company has granted the underwriters a 30-day option to buy up to an additional 750,000 shares of common stock at the public offering price to cover any over-allotments.

LDR Holding, which was founded in 2000, plans to begin trading on The NASDAQ Stock Market on October 9, 2013 under the ticker symbol "LDRH".

Piper Jaffray & Co., William Blair & Company, L.L.C., and Bryan, Garnier & Co. are acting as joint book-running managers for the offering. Cowen and Company, JMP Securities LLC and Stephens Inc. are acting as co-managers.