Sirona Dental Systems announced a public secondary offering of 7.5 million shares of its common stock by Sirona Holdings Luxco at a price of $23.75 per share. The selling stockholder has granted the underwriters an option to purchase up to an additional 1.125 million shares.
The offering will be made under a shelf registration statement filed with the U.S. Securities and Exchange Commission. J.P. Morgan Securities and BofA Merrill Lynch will be the joint book-running managers. Jefferies & Company and William Blair & Company will comanage the offering.
Sirona will not receive any of the proceeds from the sale of shares of common stock by the selling stockholder in this offering, according to the company.
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