The Firm represented K2M Group Holdings, Inc. (“K2M”) in connection with a public offering of 5,175,000 shares of common stock by K2M and certain selling stockholders at a public offering price of $22.60 per share.
K2M sold 862,500 shares and the selling stockholders sold 4,312,500 shares of common stock in the offering, including 675,000 shares that were offered and sold by K2M and the selling stockholders pursuant to the full exercise of the underwriter’s option to purchase additional shares. Shares of K2M are listed on NASDAQ Global Select Market under the ticker symbol “KTWO.”
Barclays Capital Inc. acted as the sole bookrunning manager and underwriter for the offering.
K2M is a global medical device company focused on designing, developing and commercializing innovative and proprietary complex spine technologies and techniques.
The Simpson Thacher team included Kenneth Wallach, Jonathan Ozner, Tony Rim and Sara Campbell (Capital Markets); James Rapp and Janice Brunner (Public Company Advisory Practice); Marcy Geller and Joseph Tootle (Tax); Paul Koppel and Patricia Adams (Executive Compensation and Employee Benefits); and Marcela Robledo (Intellectual Property). Summer Associate William Haynes also provided invaluable assistance.