SAN CARLOS, Calif.--(BUSINESS WIRE)--Natus Medical Incorporated (Nasdaq:BABY) today announced that the underwriter of its recently announced public offering of 770,000 shares of common stock exercised its over-allotment option to purchase an additional 115,500 shares of the Company’s common stock, bringing the total shares offered to 885,500. The offering closed on April 9, 2008. The Company expects to receive approximately $15.4 million in net proceeds from the offering, after payment of underwriting discounts and expenses of the offering. The offering, which was announced on April 4, 2008, was priced at $18.27 per share, which is equal to the closing price of the Company’s common stock on the NASDAQ Global Market on April 3, 2008.
