Veracyte (VCYT) Prices 6M Share Common Offering at $30/Sh

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Go back to Veracyte (VCYT) Prices 6M Share Common Offering at $30/Sh

Veracyte Announces Pricing of Public Offering of 6,000,000 Shares of Common Stock

August 4, 2020 7:27 PM EDT

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)-- Veracyte, Inc. (Nasdaq: VCYT) (the Company) today announced the pricing of an underwritten public offering of 6,000,000 shares of its common stock at a public offering price of $30.00 per share. The gross proceeds to the Company from this offering, before deducting underwriting discounts and commissions and offering expenses payable by Veracyte, are expected to be $180.0 million. All of the shares are being offered by the Company. The offering is expected to close on or about August 7, 2020, subject to customary closing conditions. In addition, the Company granted to the... More