BUZZ-Butterfly Network falls after stock offering priced

Reuters
01-30
BUZZ-Butterfly Network falls after stock offering priced

** Shares of medical imaging device maker Butterfly Network BFLY.N down 10% premarket to $3.16 after overnight follow-on priced

** Burlington, Massachusetts-based firm late Weds sold 24 mln shares at $3.15 for nearly $76 mln gross proceeds

** Offering price represents 10.3% discount to stock's last sale

** Co intends to use net offering proceeds to fund development and commercialization of new and existing products and services, and general corp purposes

** With ~213 mln shares outstanding, co has ~$748 mln market cap. It has ~156 mln shares of public float, per LSEG

** TD Cowen, William Blair and Lake Street Capital Markets are bookrunners for offering

** Through Weds, shares up 12.5% YTD and have more than tripled over the past six months

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10