Sientra Announces Pricing of Upsized Public Offering of Common Stock
Sientra, Inc. (SIEN)
Last sientra, inc. earnings: 3/11 04:05 pm
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US:NASDAQ Investor Relations:
investors.sientra.com/overview/default.aspx
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Source: GlobeNewswire
SANTA BARBARA, Calif., June 04, 2019 (GLOBE NEWSWIRE) -- Sientra, Inc. (NASDAQ: SIEN) (“Sientra” or the “Company”), a medical aesthetics company, today announced the upsizing and pricing of its previously announced underwritten public offering. The Company will sell 17,391,305 shares of its common stock at a public offering price of $5.75 per share. The gross proceeds to Sientra, before deducting the underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $100.0 million. The offering is expected to close on or about June 7, 2019, subject to customary closing conditions. In addition, the Company has granted the underwriters a 30-day option to purchase up to 2,608,695 additional shares at the public offering price, less underwriting discounts and commissions. Sientra intends to use the net proceeds from this offering to implement sales and marketing initiatives, expand its U.S. and global commercial organizations, fund its research an
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