Soliton (SOLY) Prices 4.22M Share Common Offering at $8.30/Sh

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Go back to Soliton (SOLY) Prices 4.22M Share Common Offering at $8.30/Sh

Soliton Announces Pricing of Public Offering

June 26, 2020 9:24 AM EDT

HOUSTON, June 26, 2020 /PRNewswire/ -- Soliton, Inc., (Nasdaq: SOLY) ("Soliton" or the "Company"), a medical device company with a novel and proprietary platform technology, today announced the pricing of its underwritten public offering of 4,216,868 shares of common stock at a public offering price of $8.30 per share. In addition, Soliton has granted the underwriters a 30-day option to purchase up to an additional 632,530 shares of common stock. Soliton anticipates the total gross proceeds from the offering (before deducting the underwriting discounts and offering expenses) will be $35.0 million, excluding any exercise of the... More