Stratasys (SSYS) Closes Common Offering; Nets $462.8M

September 18, 2013 10:55 AM EDT
Stratasys Ltd. (Nasdaq: SSYS) announced that the company has closed its previously announced public offering. The company sold 5,175,000 ordinary shares at a public offering price of $93.00 per share, with net offering proceeds to Stratasys approximating $462.8 million, after deducting underwriting discounts and commissions and other estimated offering expenses. J.P. Morgan acted as sole book-running manager for the offering, and Piper Jaffray, Morgan Stanley, BofA Merrill Lynch, and Needham & Company acted as co-managers for the offering.

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