PROCEPT BioRobotics Corporation (PRCT) Announces Proposed $175M Share Offering

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PROCEPT BioRobotics Corporation Announces Proposed Offering of Common Stock

October 28, 2024 4:19 PM EDT

SAN JOSE, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (NASDAQ: PRCT) (PROCEPT BioRobotics or the Company), a surgical robotics company focused on advancing patient care by developing transformative solutions in urology, today announced the commencement of an underwritten public offering of $175,000,000 of shares of its common stock. A selling stockholder also expects to grant the underwriters a 30-day option to purchase up to an additional $26,250,000 of shares of the Companys common stock. PROCEPT BioRobotics will not receive any proceeds from any sale of shares by the selling stockholder. The proposed offering... More