Butterfly Network (BFLY) Announces Proposed Share Offering

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Butterfly Network Announces Proposed Public Offering of Common Stock

January 29, 2025 4:01 PM EST

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--

Butterfly Network, Inc. (NYSE: BFLY) (Butterfly or the Company), a digital health company transforming care with portable, semiconductor-based ultrasound technology and intuitive software, today announced it has commenced an underwritten public offering of Class A common stock (Common Stock). Butterfly also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of Common Stock sold in the public offering. All of the shares of Common Stock are being offered by Butterfly.

Butterfly intends to use the net... More