Natera (NTRA) Announces Proposed $250M Follow-on Share Offering

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Natera Launches Proposed Follow-On Offering

September 6, 2023 4:24 PM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- Natera, Inc. (Nasdaq: NTRA) (Natera), a global leader in cell-free DNA (cfDNA) testing, today announced the launch of a proposed follow-on public offering of $250,000,000 of shares of its common stock. In addition, Natera expects to grant the underwriters a 30-day option to purchase up to an additional $37,500,000 of shares of its common stock at the public offering price less the underwriting discounts and commissions. The offering is subject to market and other conditions.

Morgan Stanley, Goldman Sachs & Co. LLC, TD Cowen and Piper Sandler are acting as joint book-running... More