Senseonics is pricing a public offering of 100,000,000 shares of common stock at $0.50/share.
From GlobeNewswire: 2025-05-15 23:12:00
Senseonics Holdings, Inc. has announced the pricing of an underwritten public offering of 100,000,000 shares of common stock at $0.50 per share, with expected gross proceeds of $50,000,000. The offering is expected to close on May 19, 2025, with underwriters having an option to purchase an additional 15,000,000 shares. TD Cowen, Barclays, RBC Capital Markets, and Lake Street are managing the offering. Additionally, Abbott Laboratories will purchase shares in a Concurrent Private Placement. Senseonics plans to use the proceeds for product launches and development, as well as general corporate purposes.
Read more at GlobeNewswire: Senseonics Announces Pricing of $50 Million Public Offering
