Staar Surgical investor Broadwood Partners boosts stake to 17.4%

By Lisa Kerner

Charlotte, N.C., June 24 - Staar Surgical Co. investors led by Broadwood Partners, LP purchased 1,159,362 shares of the company's stock on June 16 for $1.88 per share.

Broadwood beneficially owns 6,054,538 shares, or 17.4%, of the Monrovia, Calif., ophthalmic products company's outstanding stock, according to a schedule 13D/A filed with the Securities and Exchange Commission on Wednesday.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.