iCAD (ICAD) Prices 1.22M Share Common Offering at $18/Sh

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Go back to iCAD (ICAD) Prices 1.22M Share Common Offering at $18/Sh

iCAD Announces Pricing of $22.0 Million Public Offering of Common Stock

March 3, 2021 12:47 AM EST

NASHUA, N.H., March 03, 2021 (GLOBE NEWSWIRE) -- iCAD, Inc. (the Company, NASDAQ: ICAD), a global medical technology leader providing innovative cancer detection and therapy solutions, today announced the pricing of an underwritten public offering of 1,222,222 shares of its common stock at a public offering price of $18.00 per share. The gross proceeds of the offering to the Company are expected to be approximately $22.0 million, before deducting the underwriting discounts and commissions and other estimated offering expenses. In addition, the Company granted the underwriters a thirty-day option to purchase up to an additional 171,516 shares of common... More