- Sientra ( NASDAQ: SIEN ) intends to offer and sell in an underwritten public offering shares of common stock.
- Each share of common stock will be sold with a warrant to purchase one share of the company’s common stock.
- Underwriters are granted a 30-day option to purchase additional shares of common stock and/or additional common stock purchase warrants at the public offering price.
- All of the securities in the offering are to be offered by the Company.
- Currently, there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
- Sientra intends to use any net proceeds received from this offering for general working capital purposes.
- Sientra stock fell 18.02% after-hours.
For further details see:
Sientra slides 18% on proposes stock offering