DermTech (DMTK) Prices 4.237M Share Common Offering at $29.50/Sh

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Go back to DermTech (DMTK) Prices 4.237M Share Common Offering at $29.50/Sh

DermTech Announces Pricing of Public Offering of Common Stock

January 7, 2021 12:00 AM EST

LA JOLLA, Calif.--(BUSINESS WIRE)-- DermTech, Inc. (Nasdaq: DMTK) (DermTech), a leader in precision dermatology enabled by a non-invasive skin genomics platform, announced today the pricing of its previously announced underwritten public offering of 4,237,288 shares of its common stock at a price to the public of $29.50 per share. DermTechs gross proceeds from the offering are expected to be approximately $125 million, before deducting underwriting discounts and commissions and offering expenses. In addition, DermTech has granted the underwriters a 30-day option to purchase up to 635,593 additional shares of common stock at the public offering price,... More