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OraSure Technologies, Inc.
OSUR today announced it has commenced an underwritten public offering
of its common stock in an amount of up to $75.0 million. Citigroup and
Jefferies are acting as joint book-running managers. Canaccord Genuity,
Stephens Inc., ThinkEquity LLC and JMP Securities are acting as co-managers.
The Company expects to grant the underwriters a 30-day option to purchase up
to an additional 15% of the shares of common stock offered in the public
offering. The offering is subject to market conditions, and there can be no
assurance as to whether or when the offering may be completed, or as to the
final size or terms of the offering.
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