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Stock impact report

Cutera, Inc. Announces Pricing of Public Offering of Common Stock

Cutera, Inc. (CUTR) 
Last cutera, inc. earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Business Wire
BRISBANE, Calif.--(BUSINESS WIRE)--Cutera, Inc. (NASDAQ: CUTR) (“Cutera”), a provider of laser and other energy-based aesthetic systems for practitioners worldwide, today announced the pricing of an underwritten public offering of 2,385,000 shares of its common stock at a public offering price of $10.50 per share. The offering is expected to close on or about April 21, 2020, subject to the satisfaction of customary closing conditions. In connection with the offering, Cutera has granted the underwriter a 30-day option to purchase up to an additional 357,750 shares of common stock at the public offering price, less underwriting discounts and commissions.Piper Sandler & Co. is acting as the sole book-running manager in the offering.Cutera expects to receive gross proceeds of approximately $25.0 million. Cutera intends to use the net proceeds from the offering, after deducting underwriting discounts and commissions and estimated offering expenses payable by Cutera, to fund growth init Show less Read more
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