Progenity Announces Proposed Underwritten Public Offering of Common Stock and Warrants
Biora Therapeutics, Inc. (PROG)
Company Research
Source: GlobeNewswire
SAN DIEGO, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Progenity, Inc. (“Progenity”) (Nasdaq: PROG), an innovative biotechnology company, announced today that it intends to offer and sell, subject to market and other conditions, shares of its common stock and warrants to purchase shares of its common stock in an underwritten public offering. The proposed public offering is subject to market and other conditions, and 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. With respect to the proposed public offering, Progenity expects to grant the underwriter a 30-day option to purchase additional shares of its common stock and/or warrants to purchase shares of its common stock at the public offering price, less the underwriting discounts and commissions. All of the securities to be sold in the offering are to be offered by Progenity. H.C. Wainwright is acting as the sole book-running manager for the offering. Progenit
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