OraSure Technologies (OSUR) Announces Proposed 8M Share Common Offering

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Go back to OraSure Technologies (OSUR) Announces Proposed 8M Share Common Offering

OraSure Technologies, Inc. Announces Proposed Public Offering of Common Stock

June 1, 2020 4:01 PM EDT

BETHLEHEM, Pa., June 01, 2020 (GLOBE NEWSWIRE) -- OraSure Technologies, Inc. (Nasdaq: OSUR) (OraSure or the Company) today announced it has commenced an underwritten public offering of 8,000,000 shares of its common stock. J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Evercore Group L.L.C. are acting as joint book running managers of the offering and as representatives of the underwriters. UBS Investment Bank and Raymond James & Associates, Inc. are acting as co-managers. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock... More