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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sun., Aug. 28, 2:51 PM

Slide #25. Avinger, Inc. Secondary Offering

Company: Avinger, Inc. (NASDAQ:AVGR)
Date announced: 8/10/2016
Shares Offered: 8,572,000
Date of Pricing: 8/11/2016
Price Per Share: $3.50
Secondary Offering Details: Avinger, Inc. (NASDAQ:AVGR) (the "Company"), a leading developer of innovative treatments for peripheral artery disease ("PAD"), today announced that it intends to offer, subject to market and other conditions, newly issued shares of common stock, $0.001 par value (the "Offering" with such shares being the "Shares") in an underwritten public offering under an effective shelf registration statement on file with the Securities and Exchange Commission (the "SEC"). The final terms of the Offering will depend on market and other conditions at the time of pricing. -updated 8/11- Avinger, Inc. (NASDAQ:AVGR) (the "Company"), a leading developer of innovative treatments for peripheral artery disease ("PAD"), today announced the pricing of its public offering of 8,572,000 shares of its common stock at a price to the public of $3.50 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to 1,285,800 additional shares of its common stock. The Company expects to close the offering on August 16, 2016, subject to customary closing conditions.

Avinger is a commercial-stage medical device company that designs, manufactures and sells image-guided, catheter-based systems that are used by physicians to treat patients with peripheral arterial disease (PAD). Co. manufactures and sells a suite of products in the U.S. and select European markets. Co.'s products include its Lightbox imaging console, as well as its Wildcat, Kittycat, and the Ocelot family of catheters, which are designed to allow physicians to penetrate a total blockage in an artery. Co. is also developing Pantheris, its image-guided atherectomy device, designed to allow physicians to remove arterial plaque in PAD patients.

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Company Name:  Avinger Inc
Sector:  Medical Instruments & Supplies
Number of ETFs Holding AVGR:  13
Total Market Value Held by ETFs:  $1.20M
Total Market Capitalization:  $57.00M
% of Market Cap. Held by ETFs:  2.10%

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August 28, 2016    2:51 PM Eastern
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Strong Buy (4.00 out of 4)
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