Mazor Robotics (NSDQ:MZOR) said it raked in a total of $46.9 million from a stock offering announced last week, including a last-minute $5.9 million addition from an over-allotment.
The Caesarea, Israel-based robotics company makes the Renaissance robotic surgery system for spinal surgeries.
The $17-per-share offering, announced last week, was slated to raise about $41 million not including the 360,000-share over-allotment the underwriters triggered, according to a press release.
Last week Mazor released its preliminary 3rd-quarter results, saying it expects Q3 sales to plunge nearly 27% to $3.0 million.
MZOR shares have lost 11.2% from their Oct. 18 close of $20.65 apiece since that announcement. The stock was trading at $18.34, up 1.6%, as of about 11 a.m. today.
