Mazor Surgical Technologies Raises $13M in Public Offering
BY LAUREN UZDIENSKI, OCTOBER 26, 2009
Israel-based Mazor Surgical Technologies has raised NIS 48 million ($13 million) in shares and warrants in a public offering that closed this week. Total proceeds include funding from an institutional offering to Yorkville Advisors LLC, which was announced last week and made up to $15 million in stock available to YA. The public tender was oversubscribed and priced at NIS 9.10 ($2.47) per share, above the minimum price of NIS 8.50 ($2.30) per share and the YA price of NIS 8.70 ($2.36) per share.

LEESBURG, VA … October 27, 2009 – K2M, Inc., the spinal device company developing innovative solutions for the treatment of complex spinal pathologies, today announced the opening of a direct sales and distribution office in the United Kingdom. K2M’s expansion into the UK began in 2008 with the CE Mark clearance and successful introduction of its RANGE® Spinal System, MESA® Spinal System, DENALI® Spinal System, PYRENEES® Cervical Plate System, and ALEUTIAN® Interbody Systems.
•Net Sales of $976 million represents an increase of 2.4% reported (3.6% constant currency)
KALAMAZOO, Mich., Oct. 20 /PRNewswire-FirstCall/ — Stryker Corporation (NYSE: SYK – News) reported operating results for the quarter ended September 30, 2009 as follows: