Augmedix (AUGX) Prices Upsized 6.25M Share Offering at $4/sh

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Augmedix Announces Pricing of Upsized Public Offering of 6,250,000 Shares of Common Stock

November 16, 2023 12:15 AM EST

SAN FRANCISCO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Augmedix, Inc. (Nasdaq: AUGX) (Augmedix), a healthcare technology company that delivers industry-leading ambient medical documentation and data solutions, today announced that it has priced the previously-announced underwritten public offering of 6,250,000 shares of its common stock, at a public offering price of $4.00 per share. The offering was upsized from 5,500,000 shares of common stock. The gross proceeds to Augmedix from this offering are expected to be $25 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by Augmedix. In addition, Augmedix granted the underwriters a... More