MiMedx Group Announces 5M Share Offering

MiMedx Group MDXG announced today its intention to offer, subject to market and other conditions, 5,000,000 shares of its common stock in an underwritten public offering. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock to cover over-allotments, if any. The proceeds of the offering will be used for continued product development, sales and marketing initiatives and general corporate purposes. Canaccord Genuity Inc. is acting as sole book-running manager for the offering and Craig-Hallum Capital Group LLC is acting as lead manager. Northland Capital Markets and Lake Street Capital Markets, LLC are acting as co-managers. MiMedx intends to offer and sell these securities pursuant to its existing shelf registration statement (File No. 333-189785) filed with the Securities and Exchange Commission on July 3, 2013.  A prospectus supplement describing the terms of the offering will be filed with the Securities and Exchange Commission and will form a part of the effective registration statement. Copies of the prospectus supplement and accompanying prospectus relating to See full press release