InVitae (NVTA) Announces Proposed $400M Share Common Offering

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Go back to InVitae (NVTA) Announces Proposed $400M Share Common Offering

Invitae Announces Proposed Public Offering of Common Stock

January 20, 2021 4:05 PM EST

SAN FRANCISCO, Jan. 20, 2021 /PRNewswire/ -- Invitae Corporation (NYSE: NVTA) today announced that it has commenced an underwritten public offering of $400.0 million of shares of its common stock, before deducting underwriting discounts and commissions and other offering expenses. All of the shares are being offered by Invitae. In addition, Invitae expects to grant the underwriters a 30-day option to purchase up to an additional $60.0 million of shares of its common stock at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other... More