Beta Bionics Announces Pricing of Upsized $204 Million Initial Public Offering
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Beta Bionics, Inc. has announced the pricing of its upsized initial public offering (IPO), raising $204 million by offering 12 million shares at $17 each. The underwriters have a 30-day option to purchase an additional 1.8 million shares. Beta Bionics will not receive proceeds from shares sold by selling stockholders.
January 30, 2025 | 3:45 am
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Beta Bionics has priced its upsized IPO at $17 per share, raising $204 million. The IPO includes an option for underwriters to purchase additional shares, potentially increasing market liquidity.
The IPO pricing and upsizing indicate strong demand and confidence in Beta Bionics' market potential. The additional shares option could enhance liquidity, positively impacting short-term stock price.
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