Misonix (MSON) to Offer Common Stock
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Misonix, Inc. (Nasdaq: MSON) announced that it has commenced an underwritten public offering of its common stock. In connection with the offering, Misonix intends to grant the underwriters an option, exercisable for 30 days after the date of the final prospectus supplement, to purchase up to an additional 15% of the shares of its common stock offered in the public offering on the same terms and conditions.
Misonix intends to use the net proceeds from the offering for general corporate purposes, which may include investment in sales and marketing initiatives and funding growth opportunities such as collaborations and acquisitions of complementary products or technologies.
Canaccord Genuity LLC is acting as the sole book-running manager. BTIG, LLC and Craig-Hallum Capital Group LLC are acting as lead managers for the offering.
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