Business Wire

Axonics® Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares

Jaa

Axonics Modulation Technologies, Inc. (NASDAQ: AXNX) (“Axonics”), a medical technology company focused on the design, development and commercialization of innovative and minimally invasive sacral neuromodulation (“SNM”) solutions for the treatment of overactive bladder (“OAB”), fecal incontinence (“FI”), and urinary retention (“UR”), today announced that the underwriters of its initial public offering exercised in full their option to purchase an additional 1,200,000 shares of common stock from Axonics at the initial public offering price of $15.00 per share, less underwriting discounts and commissions.

With this exercise, the total number of shares of common stock sold by Axonics in the offering increased to 9,200,000 shares, representing total gross proceeds of $138 million, before underwriting discounts and commissions and offering expenses.

Axonics’ common stock began trading on The Nasdaq Global Select Market under the ticker symbol “AXNX” on October 31, 2018.

BofA Merrill Lynch and Morgan Stanley acted as joint book-running managers for the offering. Wells Fargo Securities acted as lead manager and SunTrust Robinson Humphrey acted as co-manager for the offering.

A registration statement on Form S-1, including a prospectus relating to the offering, was filed with, and declared effective by, the U.S. Securities and Exchange Commission on October 30, 2018. The offering of these shares was made only by means of a prospectus. Copies of the prospectus may be obtained from BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Attention: Prospectus Department, or by email at dg.prospectus_requests@baml.com; or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Axonics Modulation Technologies, Inc.

Axonics has developed an innovative rechargeable SNM system for the treatment of patients with OAB, FI, and UR. Axonics’ proprietary r-SNM System is designed to be 60% smaller than existing technology and to last approximately 15 years. Axonics currently has marketing approvals in Europe, Canada, and Australia for OAB, FI, and UR.

Contact information

Axonics’ Contact
Axonics Modulation Technologies, Inc.
Dan Dearen, +1-949-396-6320
President & Chief Financial Officer
ir@axonics.com
Investor & Media Contact
W2Opure
Matt Clawson, +1-949-370-8500
mclawson@w2ogroup.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

Epiphany Partners with Konsentus to Advance Open Banking Era18.3.2019 20:00:00 EETTiedote

Fintech software and solution innovator, Epiphany SRI, today announced a partnership with regtech company, Konsentus. As a result of this partnership, financial organizations will be able to build open digital banking platforms that comply with PSD2 regulations. The deadline for organizations to comply with PSD2 regulations was 14 March 2019. The regulations require legacy banking and financial service providers, that hold online accessible client accounts, to provide Application Programming Interface (API) so that new operators, Third Party Providers (TPP), can develop new services including order placement, payment or account information. The Epiphany Open Digital Banking Platform helps banking and financial organizations remain relevant, and satisfy their customers’ current and future banking needs, by providing access to an ecosystem of advanced financial services. Konsentus is the only live Software as a Service (SaaS) based API solution available to check TPP Identity and Regulat

HubHead Certifies NRX AssetHub 7.0 for Use with SAP NetWeaver®18.3.2019 19:15:00 EETTiedote

HubHead announces that NRX AssetHub 7.0 has been certified by SAP NetWeaver® 7.3. This SAP certification states that NRX AssetHub 7.0 integrates with SAP NetWeaver and that it complies with all the technical requirements for the SAP certification procedures. This certification means that NRX AssetHub 7.0 can efficiently integrate with SAP® solution environments. NRX AssetHub 7.0 can easily be implemented into SAP® infrastructure, quickly and at a low cost. Dennis Wu, the senior vice president of engineering at HubHead says, “We are excited to receive the SAP NetWeaver certification for the next generation of the NRX AssetHub solution.” HubHead Corp is Sponsoring SAP-Centric EAM: The HubHead team is at SAP-Centric EAM in San Antonio as a Silver Sponsor. SAP-Centric EAM is North America’s only asset management conference powering SAP users. You are encouraged to visit the HubHead team and take advantage of the coffee barista station. A HubHead customer in the oil and gas industry will be

TRIPLE-1, Inc. Signed a Distributorship Contract with Fujitsu Electronics Inc.18.3.2019 18:00:00 EETTiedote

TRIPLE-1, Inc. (Representative Director: Takuya Yamaguchi) and Fujitsu Electronics Inc. (Representative Director: Junji Ogihara) have entered into a distributorship contract for a mining ASIC (application specific IC) “KAMIKAZE” that uses the world's most advanced 7nm process technology. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190318005034/en/ TRIPLE-1 / Fujitsu --- Background: In the development market for mining ICs, which requires huge computing power and high power efficiency, the introduction of advanced process technology has been attempted positively and just like the development market for ICs for smartphones, which is one of the world's leading manufacture industries, the driving force for development came from the process miniaturization in the advanced semiconductor industry. As of 2019, there is a mover away from the mainstream 16nm process which had been the oligopoly of traditional Chinese region manufac

Survey Says: Project Leaders Need More PMTQ18.3.2019 17:00:00 EETTiedote

Project Management Institute (PMI) today released its Pulse of the Profession® report which reveals that organizations wasted almost 12 percent of their investment in project spend last year due to poor performance—a number that’s barely budged over the past five years. As a solution, PMI is calling on project leaders worldwide to evaluate and bolster their Project Management Technology Quotient or PMTQ. PMI developed the tenets of PMTQ by drawing on insights from innovator companies that put a high priority on digital skills acquisition and knowledge coupled with a commitment to a strong project management culture. PMTQ adds a layer of project management to the concept of technology quotient (TQ), which is defined as a person’s ability to adapt, manage and integrate content advances in technology for a project or organization. "In jobs of the future, project teams will be more and more reliant on technology as either an enabler or sometimes as a team member," said Murat Bicak, Senior

NTT DATA Names FlytBase as Winner of Ninth Open Innovation Contest18.3.2019 17:00:00 EETTiedote

NTT DATA (TOKYO: 9613), a leading IT services provider, announced today that it has awarded Pune, India-based FlytBase as the Open Innovation Contest 9.0 champion for developing the world’s first Internet of Drones (IoD) platform for easily deploying intelligent drones connected with cloud-based business applications. The winning proposal was chosen during the contest’s Grand Finale event at NTT DATA headquarters in Tokyo on March 13-14. Going forward, NTT DATA will collaborate with FlytBase to develop a concrete business plan. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190318005355/en/ FlytBase founder Nitin Gupta (Photo: Business Wire) FlytBase provides the edge and cloud-based software layers to deploy fleets of fully automated, cloud-connected drones at scale. Compatible with all major drones and hardware platforms, the solution can be leveraged for enhanced efficiency in diverse fields, such as agriculture, animal d

Calldorado Announces Appointment of Co-CEO18.3.2019 16:15:00 EETTiedote

Danish based mobile-tech company, Calldorado, today announced the appointment of Mathias Schrøder as Co-Chief Executive Officer, effective immediately. Mr. Schrøder has served as Chief Operating Officer since co-founding the company in April 2016. Prior to this Mr. Schrøder held a position as COO of Austrian publishing house CIAmedia GmbH and as Chief Product Officer in adaffix GmbH. Calldorado has been growing exponentially since being established in 2016 and has joined the London Stock Exchange’s ELITE program for high growth companies. “Our ability to execute quickly and effectively has been a driving factor in Calldorado’s accelerated growth. With Mathias as co-CEO, Calldorado strengthens its execution power and ability to innovate,” says Claudia Dreier-Poepperl, CEO and Founder of Calldorado. Since the founding of Calldorado, Mathias has been spearheading product development and commercial operations from the company’s headquarters in Copenhagen, Denmark, and has been a vital part

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme