biote (BTMD) Prices 7.39M Share Secondary Offering at $3/sh

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Biote Announces Pricing of Secondary Offering of Common Stock

January 5, 2023 6:00 AM EST

IRVING, Texas--(BUSINESS WIRE)-- biote Corp. (NASDAQ: BTMD) (Biote or the Company), a leading provider of preventive health care through the delivery of personalized hormone therapy, today announced the pricing of an underwritten public offering of its Class A common stock by certain of its stockholders at a price to the public of $3.00 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions, are expected to be $22,173,915. The offering consists of 7,391,305 shares of the Companys Class A common stock. The selling stockholders have granted the underwriters a 30-day option... More