Senseonics Holdings (SENS) Prices 22.727M Share Offering at $1.10/Sh

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Senseonics Announces Pricing of Public Offering of Common Stock

July 18, 2019 5:30 AM EDT

GERMANTOWN, Md.--(BUSINESS WIRE)-- Senseonics Holdings, Inc. (NYSE American: SENS) a medical technology company focused on the development and commercialization of a long-term, implantable continuous glucose monitoring (CGM) system for people with diabetes, today announced the pricing of a registered underwritten public offering of 22,727,273 shares of its common stock at a price to the public of $1.10 per share. The gross proceeds from the offering are expected to be $25.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Senseonics. In addition, Senseonics has granted the underwriter a 30-day option... More