Novanta launches $550 million tangible equity units offering
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Novanta Inc. Announces Offering of Tangible Equity Units
November 5, 2025 4:12 PM ESTBOSTON--(BUSINESS WIRE)-- Novanta Inc. (Nasdaq: NOVT) ("Novanta" or the Company), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that it has commenced a public offering of 11 million tangible equity units, with an aggregate stated amount of $550.0 million. Each tangible equity unit will have a stated amount of $50.00 and be comprised of a prepaid stock purchase contract and a senior amortizing note due 2028, each issued by Novanta. The tangible equity unit offering is a public offering made by means of a prospectus supplement under Novanta's effective shelf registration statement.... More
