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Public offering nets $109.3mm for Tandem Diabetes

Executive Summary

Tandem Diabetes Care Inc. (manufactures and sells insulin pumps and glucose monitoring devices) netted $109.3mm through the public sale of 4mm common shares (including the overallotment) at $28.50. The company will use some or all of the proceeds to repay debt under an existing term loan agreement with Capital Royalty.
Deal Industry
  • In Vitro Diagnostics
    • Glucose Testing
  • Medical Devices
    • Monitoring Equipment & Devices
  • Pharmaceuticals
    • Drug Delivery
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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