Penumbra enters M&A with Sixense; issues ~600K shares + options worth ~$300M

Penumbra Inc

Issues ~600,000 shares of common stock valued at ~$170 million based on $280.88 VWAP.
Grants fully vested options for ~520,000 shares valued at ~$130 million to Sixense service providers.
Merger expected to close on or about October 1, 2021; Sixense to become wholly owned subsidiary.

item 3.02

Penumbra Inc filing history →

Source: SEC EDGAR

accession 0001321732-21-000082

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