Apollo Endosurgery (APEN) Prices 8.4M Share Common Stock Offering at $7.75/sh
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Apollo Endosurgery (APEN) Commences Common Stock Offering
October 12, 2021 4:02 PM EDTApollo Endosurgery, Inc. ("Apollo") (NASDAQ: APEN), a global leader in less invasive medical devices for gastrointestinal and bariatric procedures, announced today that it intends to offer and sell shares of its common stock in an underwritten public offering. All of the common stock is being offered by Apollo. In addition, Apollo expects to grant the underwriters a 30-day option to purchase additional shares of common stock.
Apollo intends to use the net proceeds of the proposed offering to invest in opportunities to drive growth, such as expanding sales and marketing programs,... More
