Restoration Robotics, Inc. Announces Pricing of In
Post# of 301275
SAN JOSE, Calif., Oct. 11, 2017 (GLOBE NEWSWIRE) -- Restoration Robotics, Inc. (NASDAQ: HAIR ), today announced the pricing of its initial public offering of 3,575,000 shares of common stock at a public offering price of $7.00 per share, before the underwriting discount. All of the shares of common stock are being offered by the Company. The Company has also granted the underwriters a 30-day option to purchase up to 536,250 additional shares of common stock at the initial public offering price, less the underwriting discount, to cover over-allotments, if any. The Company’s common stock has been approved for listing on The NASDAQ Global Market and is expected to begin trading under the ticker symbol “HAIR” on October 12, 2017. The offering is expected to close on October 16, 2017, subject to customary closing conditions.
National Securities Corporation, a wholly owned subsidiary of National Holdings Corporation (NASDAQ: NHLD ), is acting as sole book-running manager for the offering. Roth Capital Partners and Craig-Hallum Capital Group are acting as co-managers for the offering.
A registration statement relating to the securities being sold in this offering was declared effective by the Securities and Exchange Commission on October 11, 2017. This offering is being made only by means of a written prospectus forming part of the effective registration statement. A copy of the final prospectus, when available, may be obtained for free by visiting the SEC’s website at www.sec.gov. Copies of the final prospectus, when available, also may be obtained by contacting National Securities Corporation at the following address:
National Securities Corporation 200 Vesey Street, 25 th Floor New York, NY 10281 Attention: Marguerite Rogers Telephone: (212) 417-8227 Email: prospectusrequest@nationalsecurities.com
This announcement shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
About Restoration Robotics Restoration Robotics, Inc., is a medical device company developing and commercializing the ARTAS® Robotic Hair Restoration System. We believe the ARTAS System is the first and only physician-assisted system to dissect, and assist in the harvesting of, follicular units directly from the scalp and create recipient implant sites using proprietary algorithms. The Company has unique expertise in machine vision, image guidance, visual servoing and robotics, as well as developing intuitive interfaces to manage these technologies.
Contact The Ruth Group Zack Kubow & Lee Roth ir@restorationrobotics.com 646-536-7000