Market Overview

Stratasys Prices 4.5M Share Offering at $93.00/Share


Stratasys Ltd. (NASDAQ: SSYS), a manufacturer of 3D printers and
materials for personal use, prototyping and production, today announced
that it has priced an underwritten public offering of 4,500,000 of
its ordinary shares at a price to the public of $93.00 per ordinary
share. Stratasys also granted the underwriters a 30-day option to
purchase up to an additional 675,000 of its ordinary shares to cover
over-allotments, if any. The net offering proceeds to Stratasys from
this offering, assuming no exercise of the underwriters' over-allotment
option, are expected to be approximately $402.2 million, after deducting
underwriting discounts and commissions and other estimated offering
expenses. J.P. Morgan is acting as sole book-running manager for the
offering, and Piper Jaffray, Morgan Stanley, BofA

See full press release

Posted-In: News Guidance Contracts Management Global


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