Inspire Medical Systems prices public offering of 1M shares at $215/share; net proceeds ~$243.8M

Inspire Medical Systems, Inc.

Offering of 1,000,000 shares at $215.00 per share; underwriter option for 150,000 shares exercised in full.
Net proceeds estimated at $243.8 million after underwriting discounts and expenses.
Plans to use net proceeds for sales/marketing expansion, reduce credit facility borrowings, R&D, and working capital.
Underwriting agreement with Goldman Sachs & Co. LLC; closing on August 15, 2022.

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