Penumbra, Inc. (PEN) Announces Proposed $100M Share Common Offering
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Penumbra, Inc. Announces Launch of Offering of $100,000,000 of Shares of its Common Stock
May 27, 2020 4:05 PM EDTALAMEDA, Calif., May 27, 2020 /PRNewswire/ -- Penumbra, Inc. (NYSE: PEN), a global healthcare company focused on innovative therapies, today announced that it has commenced an underwritten public offering of $100,000,000 of shares of its common stock. All of the shares of common stock to be sold in the offering will be offered by Penumbra. In addition, Penumbra expects to grant the underwriters a 30-day option to purchase up to an additional $15,000,000 of shares of Penumbra's common stock at the public offering price, less underwriting discounts and commissions. The offering is... More
