other material
confidence high
sentiment neutral
materiality 0.65
Exagen closes $20.2M public offering at $5.25/share; net proceeds ~$18.6M
EXAGEN INC.
- Offering of 3,350,000 shares plus full exercise of underwriter's option for 502,500 shares.
- Gross proceeds of ~$20.2M; net proceeds after fees and expenses ~$18.6M.
- Canaccord Genuity acted as sole bookrunner; offering priced at $5.25 per share.
- Shares sold under effective shelf registration; proceeds for general corporate purposes.