Stratasys (SSYS) Announces Proposed $200M Public Offering of Ordinary Shares

March 2, 2021 4:13 PM EST

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Stratasys Ltd. (NASDAQ: SSYS) today announced that it intends to offer up to $200 million of its ordinary shares in an underwritten public offering. Stratasys also expects to grant the underwriters a 30-day option to purchase up to an additional $30 million of its ordinary shares. All the shares in the proposed offering are to be sold by Stratasys.

J.P. Morgan and Stifel are acting as joint book-running managers for the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

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