Outset Medical Inc. (OM) to Offer 4M Shares of Common Stock
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Outset Medical Announces Secondary Offering of Common Stock
November 30, 2020 5:17 PM ESTSAN JOSE, Calif.--(BUSINESS WIRE)-- Outset Medical, Inc. (Nasdaq: OM) (Outset), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, announced today the commencement of a proposed underwritten public offering of 4,000,000 shares of its common stock by certain of its stockholders. In addition, such selling stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 600,000 shares of its common stock in the offering. Outset is not selling any shares and will not receive any of the proceeds from the... More
