Apollo Endosurgery (APEN) Commences Common Stock Offering

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Go back to Apollo Endosurgery (APEN) Commences Common Stock Offering

Apollo Endosurgery Announces Commencement of Public Offering of Common Stock

October 12, 2021 4:02 PM EDT

AUSTIN, TX / ACCESSWIRE / October 12, 2021 / Apollo Endosurgery, Inc. ("Apollo") (NASDAQ: APEN), a global leader in less invasive medical devices for gastrointestinal and bariatric procedures, announced today that it intends to offer and sell shares of its common stock in an underwritten public offering. All of the common stock is being offered by Apollo. In addition, Apollo expects to grant the underwriters a 30-day option to purchase additional shares of common stock.

Apollo intends to use the net proceeds of the proposed offering to invest in opportunities to drive growth, such as expanding... More