The company is offering 2,157,051 shares of common stock and the selling stockholders are offering 42,949 shares of common stock. The company will not receive any proceeds from the sale of shares of common stock by the selling stockholders. BofA Securities and UBS Investment Bank are acting as joint lead book-running managers for the proposed offering. Needham & Company and Stifel are acting as joint book-running managers for the proposed offering.
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