Peter Chiou Sees Potential In SemiLEDs (LEDS); Continued Interest in Mazor Robotics’ (MZOR) Renaissance System
Shares of SemiLEDs Corp. (Nasdaq:LEDS) soared more than 50% in the extended session Wednesday after the company disclosed in a regulatory filing ( FORM 8-K ) with the U.S. Securities and Exchange Commission (SEC) that Dr. Peter Chiou will acquire an approximately 19.6% stake (577,000 shares) in SemiLEDs at $5.00 per share.
According to the LED chips and components maker, Peter Chiou will be appointed – after the completion of the transaction – a member of its board of directors
LEDS stock closed at $3.30, up $0.49 (or +17.41%), with a total volume of 288,090 shares traded during the day, representing a large increase in activity versus its average volume (3m) of 31,600
SemiLEDs has 2.90M Shares Outstanding, Market Capitalization (intraday) of $9.57M and LEDS stock 52-week range is from $1.36 to $6.90 per share
Mazor Robotics Ltd. (Nasdaq:MZOR) shares climbed to touch a new 52-week high of $20.56 in intraday trading Wednesday as the company said that it received purchase orders for eleven Renaissance systems – its surgical guidance system for spine and brain surgery – during the second quarter
Mazor Robotics expects to report its second-quarter 2016 financial results next month
MZOR stock finished the regular session at $19.45, up $0.25 (or +1.30%).
Mazor Robotics, which develops and markets surgical guidance systems and complementary products, has 42.26M Shares Outstanding, Market Capitalization (intraday) of $440.95M and MZOR stock one-year range is now between $8.31 and $20.56 per share
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