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🕒 пн, 1 июн. 2020 г., 23:02:20 MSK
OraSure announces offering of 8M shares of common stock
OraSure Technologies announced it has commenced an underwritten public offering of 8M shares of its common stock. The company intends to use the net proceeds from this offering to expand its manufacturing capacity for products both existing and in-development for use in testing for COVID-19, to fund potential acquisitions of new businesses, technologies or products, to fund the development, commercialization and manufacturing costs related to its products and for general corporate purposes. J.P. Morgan Securities, Citigroup Global Markets, and Evercore Group are acting as joint book running managers of the offering and as representatives of the underwriters. UBS Investment Bank and Raymond James are acting as co-managers.