Outset Medical Inc. (OM) Prices Primary and Upsized Secondary Public Offering at $53.50/sh

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Outset Medical Announces Pricing of Primary and Upsized Secondary Public Offering

April 9, 2021 8:10 AM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Outset Medical, Inc. (Nasdaq: OM) (Outset), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, announced today the pricing of an underwritten public offering of 2,500,000 shares of its common stock sold by Outset and 3,444,859 shares of its common stock by certain of its stockholders at a public offering price of $53.50 per share. In addition, Outset and such selling stockholders granted the underwriters a 30-day option to purchase up to an additional 891,728 shares of its common stock at the public offering... More