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Stock impact report

Inspire Medical Systems, Inc. Announces Proposed Offering of Common Stock

Inspire Medical Systems, Inc. (INSP) 
Last inspire medical systems, inc. earnings: 2/25 04:15 pm Check Earnings Report
Company Research Source: GlobeNewswire
MINNEAPOLIS, April 13, 2020 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and minimally invasive solutions for patients with obstructive sleep apnea, announced today the commencement of a proposed public offering of $75.0 million of shares of its common stock. Inspire also expects to grant the underwriters a 30-day option to purchase additional shares of common stock in an amount of up to 15 percent of the number of shares sold in the offering. All of the shares in the proposed offering are to be sold by Inspire. BofA Securities, J.P. Morgan and Goldman Sachs & Co. LLC are acting as joint book-running managers for the proposed offering. Guggenheim Securities and SVB Leerink are acting as lead managers for the proposed offering. The securities described above are being offered pursuant to an effective shelf registration statement that was filed with the U.S. Show less Read more
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