- Paragon 28 ( NYSE: FNA ) announced underwritten public offering of 6.5M shares, which would consist of 3.75M shares offered by Paragon and 2.75M shares offered by certain selling securityholders.
- Paragon and the selling securityholders also expect to grant the underwriters a 30-day option to purchase up to an additional 562,500 and 412,500 shares of common stock, respectively.
- Paragon expects to use the net proceeds from the offering for working capital, capital expenditures and other general corporate purposes.
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Paragon 28 announces public offering of 6.5M shares