Solventum Corp. (SOLV) announced a secondary offering of 8.80 million shares of its common stock, with expected gross proceeds of about $648 million for 3M Company. The Selling Shareholder is selling all shares, and Solventum will not receive any proceeds. The offering is set to close around August 15, 2025. Goldman Sachs & Co. LLC and BofA Securities are the underwriters for the offering.

Read more at Nasdaq: Solventum Announces Pricing Of Secondary Offering Of 8.80 Mln Common Stock