Progenity (PROG) Announces Direct 13.33M Share Offering at $1.50/sh
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Progenity (PROG) Closes $20M Direct Offering
October 6, 2021 4:04 PM EDTProgenity, Inc. (Progenity) (Nasdaq: PROG), an innovative biotechnology company, today announced the closing of its previously announced registered direct offering of 13,333,334 shares of the Company's common stock, at a purchase price of $1.50 per share, priced at a premium to market under Nasdaq rules for gross proceeds of approximately $20 million, before deducting the placement agent's fees and other offering expenses.
H.C. Wainwright & Co. acted as the exclusive... More
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