Penumbra, Inc. (PEN) Prices 753K Share Common Offering at $166/Sh

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Penumbra, Inc. Announces Pricing of Offering of Common Stock

May 27, 2020 9:38 PM EDT

ALAMEDA, Calif., May 27, 2020 /PRNewswire/ -- Penumbra, Inc. (NYSE: PEN), a global healthcare company focused on innovative therapies, today announced the pricing of an underwritten public offering of 753,012 shares of its common stock at a price to the public of $166.00 per share. All of the shares of common stock to be sold in the offering will be offered by Penumbra. The offering is scheduled to close on June 1, 2020, subject to customary closing conditions. The underwriters for the offering will also have a 30-day option to purchase up to an additional 112,951 shares... More