secwatch.observer — SEC 8-K summary
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Issuer:     TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK:        0001027838
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001104659-23-026756
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tactile Medical prices $32.5M public offering of 2.5M shares at $13.00/share
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- Gross proceeds of $32.5M from 2,500,000 shares at $13.00 per share.
- Underwriter granted 30-day option to purchase up to 375,000 additional shares.
- Net proceeds to expand commercial activities, fund milestones, support new product development, and for working capital.
- Offering expected to close on or about February 28, 2023.
- William Blair & Company acting as sole book-running manager.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1027838/000110465923026756/0001104659-23-026756-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1027838/000110465923026756/tm233510d7_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-026756

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