Veracyte (VCYT) Announces Proposed $400M Public Offering of Common Stock

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Veracyte (VCYT) Prices 7.43M Share Upsized Common Offering at $74/Sh

February 5, 2021 6:09 AM EST

Veracyte, Inc. (NASDAQ: VCYT) (the Company) today announced the pricing of an underwritten public offering of 7,432,433 shares of its common stock at a public offering price of $74.00 per share. The gross proceeds to the Company from this offering, before deducting underwriting discounts and commissions and offering expenses payable by Veracyte, are expected to be approximately $550 million. The public offering was upsized from the previously... More