other material
confidence high
sentiment neutral
materiality 0.60
Montrose Environmental closes public offering of 3.45M shares, net proceeds ~$121.8M
Onterris, Inc.
- Underwriting agreement signed April 17 for 3,000,000 shares at $37.15 per share, with 30-day option for additional 450,000 shares.
- Underwriters exercised option in full on April 18; total shares sold 3,450,000.
- Net proceeds expected ~$121.8 million after underwriting discounts and expenses.
- Offering closed on April 22, 2024.
- Executive officers and directors subject to 60-day lock-up.