TranS1 IPO Raises $82.5 Million, Above Range
10/17/2007 6:44:46 AM
WILMINGTON, N.C., Oct. 17, 2007 (PRIME NEWSWIRE) -- TranS1 Inc. (Nasdaq:TSON) today announced the initial public offering of 5,500,000 shares of common stock at a price of $15.00 per share. TranS1 has granted the underwriters an option to purchase up to an additional 825,000 shares at the initial public offering price to cover over-allotments, if any. The common stock will trade on the NASDAQ Global Market under the symbol ``TSON.''