Establishment Labs Holdings Inc (ESTA) has released an update.
Establishment Labs Holdings Inc. filed a prospectus supplement with the SEC on January 31, 2024, for the potential sale of up to 2,000,000 common shares by identified selling shareholders. This includes shares directly offered and additional shares issuable upon exercising pre-funded warrants as per a securities purchase agreement dated January 9, 2024. The company’s counsel provided a legal opinion on the shares involved.
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For a comprehensive understanding of the announcement, you can read the full document here.