secwatch.observer — SEC 8-K summary
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Issuer:     Butterfly Network, Inc. (BFLY)
CIK:        0001804176
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0001104659-25-007199
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Butterfly reports preliminary cash ~$92.8M; launches public stock offering
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- Preliminary cash, cash equivalents, and restricted cash of ~$92.8M at Dec 31, 2024 (unaudited, subject to change).
- Commenced underwritten public offering of Class A common stock; TD Cowen, William Blair, Lake Street Capital Markets as bookrunners.
- Intends to grant underwriters 30-day option to purchase up to 15% additional shares of common stock.
- Net proceeds to fund product development, commercialization, and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1804176/000110465925007199/0001104659-25-007199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1804176/000110465925007199/tm254799d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-007199

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer