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0 0.00427350427350418 -0.00854700854700855 -0.017008547008547 -0.0170940170940171 0.00427350427350418 0.00854700854700855 0.0170940170940169
Stock impact report

Endologix Announces Pricing of Public Offering of Common Stock

ENDOLOGIX (ELGX) 
Last endologix earnings: 2/19 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.endologix.com
Company Research Source: Business Wire
IRVINE, Calif.--(BUSINESS WIRE)-- Endologix, Inc. (Nasdaq: ELGX) (“Endologix” or the “Company”), developer and marketer of innovative treatments for aortic disorders, announced today the pricing of a registered underwritten public offering of its common stock for net proceeds of $20.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Endologix. All of the shares sold in the offering were sold by Endologix. The offering is expected to close on October 29, 2018, subject to customary closing conditions. In addition, Endologix has granted the underwriter a 30-day option to purchase up to an additional $3.0 million of shares of its common stock. BTIG, LLC is acting as sole book-running manager for the offering. Endologix intends to use the net proceeds from this offering to redeem all of its $18.3 million 2.25% Convertible Senior Notes due 2018 and Show less Read more
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