Establishment Labs raises ~$84.1M in public offering of 1.1M shares at $71.50/share

ESTABLISHMENT LABS HOLDINGS INC.

Underwriting agreement for 1,100,000 common shares at $67.21 per share to underwriters; public price $71.50.
Underwriters exercised 30-day option to purchase an additional 165,000 shares.
Net proceeds to company approximately $84.1 million after underwriting discounts and expenses.
Offering closed on April 27, 2023; all shares sold by the company.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

ESTABLISHMENT LABS HOLDINGS INC. entered into Underwriting Agreement with Jefferies LLC, J.P. Morgan Securities, LLC, Citigroup Global Markets Inc. and Cowen and Company, LLC, as representatives of the several underwriters valued at approximately $84.1 million (effective 2023-04-24).

Action: entry
Agreement: underwriting
Counterparty: Jefferies LLC, J.P. Morgan Securities, LLC, Citigroup Global Markets Inc. and Cowen and Company, LLC, as representatives of the several underwriters
Value: approximately $84.1 million
Effective: 2023-04-24

Exact text from the filing

On April 24, 2023, Establishment Labs Holdings Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Jefferies LLC, J.P. Morgan Securities, LLC, Citigroup Global Markets Inc. and Cowen and Company, LLC, as representatives of the several underwriters named therein (collectively, the “Underwriters”), relating to the issuance and sale (the “Offering”) of 1,100,000 common shares, no par value.

View on SEC.gov

Browse all material agreements →

ESTABLISHMENT LABS HOLDINGS INC. filing history →

Source: SEC EDGAR

accession 0001104659-23-051312

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.