Stevanato Group Spa (STVN) has released an update.
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Stevanato Group S.p.A. is set to issue and sell a total of 12,700,000 ordinary shares, with half offered by the company and the other half by the selling shareholder. Additionally, they may sell up to 1,905,000 extra shares if the underwriters, led by Morgan Stanley & Co. LLC and William Blair & Company, L.L.C., choose to exercise their purchase rights. The shares are being offered under an automatic shelf registration statement filed with the SEC.
For further insights into STVN stock, check out TipRanks’ Stock Analysis page.