Nevro (NVRO) withdraws its previously announced annual guidance for 2020

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Nevro (NVRO) Announces Proposed 1.625M Shares Common Offering

April 1, 2020 4:45 PM EDT

Nevro Corp. (NYSE: NVRO) today announced that it has commenced a proposed underwritten public offering of 1,625,000 shares of its common stock (the "common stock offering") and $165,000,000 aggregate principal amount of its convertible senior notes due 2025 (the "notes") (the "notes offering"). All of the shares of common stock to be sold in the common stock offering will be offered by Nevro. In addition, Nevro expects to grant the underwriters of the offerings a 30-day option to purchase an additional (a) 243,750 shares of its common stock at the public offering price, less underwriting discounts and commissions and (b)... More