NasdaqCM:AXGNMedical Equipment
Axogen Upsized Equity Raise Shifts Debt Profile And Valuation Focus
Axogen (NasdaqCM:AXGN) has announced and priced an upsized public equity offering.
The company plans to use the proceeds to repay and terminate its outstanding term loan.
Remaining funds are intended for working capital and general corporate purposes.
This follow on offering follows recent shelf registration and equity offering filings.
Axogen focuses on surgical solutions for peripheral nerve injuries, an area that sits at the intersection of medical devices and reconstructive surgery. By...