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-0.155038759689922 -0.155038759689922 -0.0534883720930232 -0.0697674418604651 -0.101550387596899 -0.0930232558139534 -0.0697674418604651 -0.0697674418604651
Stock impact report

Cutera, Inc. Announces Proposed 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 that it has commenced an underwritten public offering of its common stock. In connection with the offering, Cutera intends to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of common stock sold in the offering. All of the shares in the offering are to be sold by Cutera. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.Piper Sandler & Co. is acting as the sole book-running manager in the offering.Cutera intends to use the net proceeds from the offering to fund growth initiatives, market development activities related thereto and to provide for general corporate purposes, which may include working capital, capital expenditures, clinical trials, other corporate expenses and acquisitions Show less Read more
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