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AXNX - Axonics prices stock offering of 1.75M shares
Axonics Modulation Technologies Inc.
Axonics ( NASDAQ: AXNX ) priced its earlier announced underwritten public offering of 1.75M shares.
Underwriters granted 30-day option to purchase up to 262.5K additional shares.
Offer is expected to close on Aug.5, 2022.
Net proceeds to be used working capital and general corporate purposes, including a potential $35M milestone payment in connection with its earlier announced and completed acquisition of Contura.