InVitae (NVTA) Prices 7.77M Share Common Offering at $51.50/Sh

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Go back to InVitae (NVTA) Prices 7.77M Share Common Offering at $51.50/Sh

Invitae Announces Pricing of Public Offering of Common Stock

January 21, 2021 8:38 PM EST

SAN FRANCISCO, Jan. 21, 2021 /PRNewswire/ -- Invitae Corporation (NYSE: NVTA) today announced the pricing of an underwritten public offering of 7,766,990 shares of its common stock at a price to the public of $51.50 per share. All of the shares are being sold by Invitae. The gross proceeds to Invitae from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $400.0 million. The offering is expected to close on or about January 26, 2021, subject to customary closing conditions. In addition, Invitae has granted the underwriters a... More