ALBANY, N.Y., Nov. 14, 2016 (GLOBE NEWSWIRE) -- AngioDynamics, Inc. (NASDAQ:ANGO), a leading provider of innovative, minimally invasive medical devices for vascular access, surgery, peripheral vascular disease and oncology, today announced the pricing of the previously announced underwritten public offering by certain of its stockholders of 2,500,000 shares of common stock at a price to the public of $16.00 per share. The Company has agreed to repurchase from the underwriter 500,000 shares of the 2,500,000 shares of common stock being sold by the Selling Stockholders at a per-share purchase price equal to the price payable by the underwriter to the Selling Stockholders. As such, only 2,000,000 shares of the 2,500,000 shares of common stock being sold by the Selling Stockholders will be sold to the public. The Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company.

Barclays Capital Inc. is acting as the sole underwriter for the offering.

The offering of these securities will be made only by means of a prospectus supplement and the accompanying prospectus.

This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. Any offer to buy the securities may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to notice of its acceptance given after the effective date of the shelf registration statement.

About AngioDynamics
AngioDynamics Inc. is a leading provider of innovative, minimally invasive medical devices used by professional healthcare providers for vascular access, surgery, peripheral vascular disease and oncology. AngioDynamics' diverse product lines include market-leading ablation systems, fluid management systems, vascular access products, angiographic products and accessories, drainage products, thrombolytic products and venous products.