Market Overview

STAAR Surgical Announces Pricing of Public Offering of Common Stock


STAAR Surgical Company (NASDAQ:STAA), a developer, manufacturer and
marketer of implantable lenses and companion delivery systems for the
eye, announced today the pricing of the previously announced
underwritten public offering of 1,739,000 shares of its common stock,
for total gross proceeds of approximately $67,821,000. In addition,
STAAR has granted the underwriters of the offering a 30-day option to
purchase up to an additional 260,850 shares of its common stock on the
same terms and conditions. The closing of the offering is expected to
occur on August 10, 2018, subject to customary closing conditions.

STAAR intends to use the net proceeds from the offering to fund its
operations, which may include advancing and broadening commercialization
of its implantable Collamer® lens (ICL) family of products, funding
pipeline research and development activities and clinical trials,
funding incremental investments in automation and precision
manufacturing, and capital expenditures, such as information systems,
and for general corporate purposes, including working capital.

Canaccord Genuity is acting as the sole book-running manager for the

The securities described above have not been qualified under any state
blue sky laws. This press release shall not constitute an offer to sell
or the solicitation of an offer to buy these securities, nor shall there
be any sales of these securities in any state or other jurisdiction in
which such offer, solicitation or sale would be unlawful prior to the
registration or qualification under the securities laws of any such
state or other jurisdiction.

The shares of common stock described above are being offered pursuant to
an effective shelf registration statement (including a prospectus) on
Form S-3 previously filed with the Securities and Exchange Commission
("SEC"). A preliminary prospectus supplement relating to the offering
has been filed with the SEC and is available on the SEC's website at
Before you invest, you should read the prospectus in that registration
statement (including the preliminary prospectus supplement for the
offering to which this communication relates) and other documents STAAR
has filed with the SEC for more complete information about STAAR and the
offering. You may obtain these documents for free by visiting EDGAR on
the SEC website at
Alternatively, STAAR and Canaccord will arrange to send you copies of
the prospectus supplement and accompanying prospectus relating to this
offering, if you request it, by contacting Canaccord Genuity LLC, Attn:
Syndicate Department, 99 High Street, 12th Floor, Boston, MA 02110,
toll-free phone: 1-800-225-6201 or by e-mail at

Forward-Looking Statements

This news release contains forward-looking statements. These
statements include but are not limited to statements regarding the
expected closing of the offering and the intended use of the net
proceeds from the offering.
Forward-looking statements are based
on our management's current expectations or beliefs regarding future
events or circumstances, and you should not place undue reliance on
these statements.
Such statements involve known and unknown
risks, uncertainties, assumptions and other factors, many of which are
out of STAAR's control and difficult to forecast that may cause actual
results to differ materially from those that may be described or implied
in the forward-looking statements.
STAAR cannot be certain that
the offering will be completed on the terms discussed above, or at all.

For a discussion of certain other risks, uncertainties and other
factors affecting the statements contained in this news release, see
STAAR's Annual Report on Form 10-K for the year ended December 29, 2017,
under the caption "Risk Factors," which is on file with the SEC and
available in the "Investor Information" section of STAAR's website under
the heading "SEC Filings".
Except as required by law, STAAR
assumes no, and hereby disclaims any, obligation to update any of the
foregoing or any other forward-looking statements.
nonetheless reserves the right to make such updates from time to time by
press release, periodic report or other method of public disclosure
without the need for specific reference to this news release.
such update shall be deemed to indicate that other statements not
addressed by such update remain correct or create an obligation to
provide any other updates.

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