NeuroPace announces public offering of 6.5M shares at $10; to repurchase $49.5M in shares from KCK

NeuroPace Inc

Offers 6,500,000 shares at $10.00 per share; net proceeds expected ~$60.6M.
Will use $49.5M of net proceeds to repurchase 5,270,845 shares from KCK Ltd. at $9.40/share.
Underwriters granted 30-day option to purchase up to 975,000 additional shares.
Closing expected February 18, 2025; remaining proceeds for general corporate purposes.

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