Proto Labs Announces Exercise in Full of Over-Allotment Option and Completion of Initial Public Offering
Proto Labs, Inc. (NYSE: PRLB) today announced the completion of its initial public offering of 4,945,000 shares of common stock, including 645,000 shares sold pursuant to the full exercise of an over-allotment option previously granted to the underwriters. All shares were offered by Proto Labs at a price to the public of $16.00 per share. The gross proceeds to Proto Labs from this offering were approximately $79.1 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by Proto Labs.
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