Outset Medical prices public offering of 5,000,000 common shares.

Global Banking News-April 7, 2021-Outset Medical prices public offering of 5,000,000 common shares

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Medical technology company Outset Medical Inc (Nasdaq:OM) on Tuesday announced its underwritten public offering of 2,500,000 shares of its common stock as well as 2,500,000 shares of its common stock by certain of its stockholders.

The company and the selling stockholders plan to provide the underwriters with a 30-day option to purchase up to an additional 750,000 shares of its common stock in the planned offering.

Subject to market and other conditions...

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