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Update: K2M Group's Secondary Offering

K2M Group Holdings, Inc.'s (NASDAQ:KTWO) announcement of the pricing of its follow on offering at $18.75, which was fair value at the time of the announcement, is a strong confirmation of my longer term KTWO bull thesis. The company expects to sell 6,044,990 shares in total in which KTWO will receive proceeds from 2,044,990. Total proceeds before deductions associated with the transaction should be ~$38.3…