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home / articles / RXST - Why RxSight (RXST) Shares Are Falling | Benzinga

RXST - Why RxSight (RXST) Shares Are Falling | Benzinga

RxSight Inc.

RxSight Inc (NASDAQ:RXST) shares are roughly flat following earlier weakness during Thursday's session after the company announced pricing of its $100 million proposed public offering of common stock.

The company plans to sell 1,785,714 shares of common stock at $56.00 per share, with an option for underwriters to purchase an additional 267,857 shares. Gross proceeds are estimated at around $100 million. The offering is expected to close on May 13.

BofA Securities is the lead bookrunning manager, with J.P. Morgan as a bookrunning manager and BTIG as co-manager. RxSight intends to use the proceeds for commercial ...

RXST) Shares Are Falling>Full story available on Benzinga.com
Stock Information
Company Name: RxSight Inc.
Stock Symbol: RXST
Market: NASDAQ
Website: rxsight.com
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