Personalis, Inc. (PSNL) to Offer $100M in Common Stock

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Go back to Personalis, Inc. (PSNL) to Offer $100M in Common Stock

Personalis Announces Launch of Public Offering of Common Stock

August 11, 2020 4:26 PM EDT

MENLO PARK, Calif.--(BUSINESS WIRE)-- Personalis, Inc. (Nasdaq: PSNL), a leader in advanced genomics for population sequencing and cancer, today announced that it has commenced an underwritten public offering of $100 million of its common stock. In addition, Personalis expects the underwriters to be granted a 30-day option to purchase up to an additional $15 million of common stock from a selling stockholder on the same terms and conditions. Personalis will not receive any proceeds from any sale of shares by the selling stockholder.

The offering is subject to market... More