Natera Prices Follow-On Offering At $55/share, Totaling $250 Mln
(RTTNews) - Natera, Inc. (NTRA), a cell-free DNA or cfDNA testing company, announced Thursday that it has priced its underwritten public offering of 4.55 million shares of its common stock at $55.00 per share to the public. The follow-on offering will total $250 million.
Closing of the offering is expected to occur on September 11, subject to customary closing conditions.
The company has also granted the underwriters a 30-day option to purchase up to an additional 682,500 shares of its common stock at the public offering price less the underwriting discounts and commissions.