Butterfly Network prices public offering of 24M shares at $3.15, raising ~$75.6M

Butterfly Network, Inc.

Offering of 24,000,000 shares of Class A common stock at $3.15 per share; underwriters have 30-day option for additional 3,600,000 shares.
Gross proceeds expected to be approximately $75.6 million before expenses.
Expected to close January 31, 2025; bookrunners are TD Cowen, William Blair, and Lake Street Capital Markets.
Proceeds to fund development/commercialization of products and services and for general corporate purposes.

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