NasdaqGM:TNDMMedical Equipment
Tandem Diabetes Care Funding Move Tests Valuation And Acquisition Plans
Tandem Diabetes Care completed a private offering of convertible senior notes, paired with capped call transactions aimed at limiting future share dilution.
The company indicated it may use a portion of the proceeds for general corporate purposes, including potential acquisitions.
Tandem Diabetes Care, NasdaqGM:TNDM, is drawing attention as this capital move lands with the stock at $25.23. The share price is up 26.8% over the past month and 21.4% over the past year, even though the 3 year...