secwatch.observer — SEC 8-K summary
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Issuer:     PROCEPT BioRobotics Corp (PRCT)
CIK:        0001588978
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001628280-24-044544
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1588978/000162828024044544/0001628280-24-044544-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1588978/000162828024044544/prct-20241029.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-044544

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