SOPHiA Genetics Closes $57 Million Public Offering of Shares

RTTNews··Read original
2▲1 ▼0Impact / 5
Summary · why it matters

SOPHiA GENETICS SA has closed a $57 million public offering of ordinary shares. The offering was oversubscribed, and underwriters fully exercised their option to purchase an additional 1,578,900 shares at the offering price. In total, the company sold 12,104,900 ordinary shares at $4.75 per share. TD Cowen acted as lead book-running manager, with Guggenheim Securities as book-running manager and BTIG and Craig-Hallum as lead managers.

Impact on assets 1

Artificial Intelligence▲ · 1 stocks
Sophia Genetics SA
SOPH
▲ PositiveCapitalrelevance

Closed oversubscribed $57M public offering, providing capital and validating investor demand.