Gilde healthcare buys $1.5 million in shoulder innovations (SI)

Published 06/08/2025, 00:00
Gilde healthcare buys $1.5 million in shoulder innovations (SI)

Gilde Healthcare Holding B.V., a ten percent owner of Shoulder Innovations, INC. (NASDAQ:SI), purchased 100,000 shares of common stock at $15.00 per share, totaling $1.5 million. The transaction occurred on August 1, 2025. The purchase price represents a premium to the current trading price of $14.16, with the company currently valued at $284 million. According to InvestingPro, the company maintains strong liquidity with a current ratio of 7.1, though it operates at a loss.

On the same day, Gilde Healthcare Holding B.V. also converted 33,259,424 shares of Series D Convertible Preferred Stock and 10,252,188 shares of Series E Convertible Preferred Stock into 1,743,156 and 537,326 shares of common stock, respectively. The conversion price for these transactions was $0.00. InvestingPro analysis reveals the company’s Financial Health score is rated as "FAIR," with additional metrics and insights available to subscribers.

Following these transactions, Gilde Healthcare Holding B.V. directly holds 2,380,482 shares of Shoulder Innovations, INC. common stock. The company maintains a moderate debt level with a total debt to capital ratio of just 4%, while generating revenue of $34.57 million in the last twelve months.

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