Corporate ActionJun 22, 2026, 09:36 AM
SOPHiA GENETICS Closes $57.5M Public Offering, Underwriters Fully Exercise Option
AI Summary
SOPHiA GENETICS SA announced the closing of its previously announced underwritten public offering, generating total gross proceeds of $57.5 million. The company sold 12,104,900 ordinary shares at a price of $4.75 per share. The offering saw strong investor demand, leading to the underwriters fully exercising their option to purchase an additional 1,578,900 ordinary shares.
Key Highlights
- Total gross proceeds from the offering were $57.5 million.
- Company sold 12,104,900 ordinary shares.
- Offering price per share was $4.75.
- Underwriters fully exercised their option to purchase an additional 1,578,900 ordinary shares.
- The offering closed on June 18, 2026.
- TD Cowen acted as lead book-running manager.
Price Impact
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