other material
confidence high
sentiment neutral
materiality 0.60
biote Corp. selling stockholder sells 5.2M shares at $5.35 in underwritten secondary offering
biote Corp.
- Selling stockholder offered 5,217,392 shares of Class A common stock at $5.35 per share; underwriter partially exercised option for additional 576,108 shares.
- Offering closed June 7, 2023; underwriter Roth Capital Partners; shares registered on effective S-1.
- Company does not receive any proceeds; all shares sold by selling stockholder.
- Underwriting agreement includes customary representations, indemnification, and termination provisions.