PROCEPT BioRobotics issues ~1.92M shares at $91/share, nets ~$163.8M in public offering

PROCEPT BioRobotics Corp

Company sold 1,923,076 shares at $91 per share; net proceeds to company were ~$163.8M after discounts and expenses.
Selling stockholder also sold shares; underwriters' overallotment of 288,461 shares was fully exercised on Oct 30.
Company did not receive any proceeds from selling stockholder's sale of shares.
Directors and officers agreed to 60-day lock-up on stock sales without underwriter consent.
Offering closed on October 31, 2024; underwriting agreement includes customary terms.

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