Welcome to LoudounTimes.com
Loudoun Times-Mirror

K2M looking to go public

K2M, a spinal device company in Leesburg, has filed an S-1 draft registration with the Securities and Exchanges Commission to become a publicly traded company.

The S-1 form is a confidential document between the SEC and the company filing to go public, which outlines key information about the company such as its business, properties, competition, the risks of investing in the company, the company’s financial results and financial condition, among other important facts about the company.

Generally companies go public to infuse their businesses with cash, to be poised to make capital investments like research and development.

One disadvantage is that the SEC requires the company to disclose information. According to Investopedia, a financial terms encyclopedia, "Some of the additional costs include the generation of financial reporting documents, audit fees, investor relation departments and accounting oversight committees."

“We are thrilled to see K2M continue to grow,” said Marantha Edwards, Economic Development Director for the Town of Leesburg in a prepared statement. “K2M’s continued growth in the medical device sector reflects their outstanding innovative practices, and we are thrilled to have them as part of the Leesburg business community.”

Telos, NeuStar and Orbital Science are three of the largest publicly traded companies in Loudoun County.

As a result of entering into the SEC-mandated quiet period, the company can’t comment further.


Be the first to post a comment!

Post a comment

Commenting is not available in this channel entry.

Comments express only the views of the author and do not necessarily reflect the views of this website or any associated person or entity. Any user who believes a message is objectionable can contact us at [email protected].

More News

Leesburg WEATHER
Today Tomorrow


Hi 63° Hi 67°
Lo 48° Lo 49°
More Weather
The Loudoun Times-Mirror

is an interactive, digital replica
of the printed newspaper.
Open the e-edition now.