Acutus medical, inc. announces pricing of public offering of common stock

Carlsbad, calif., july 14, 2021 (globe newswire) -- acutus medical, inc. (nasdaq: afib) (“acutus”) today announced the pricing of its underwritten public offering of 5,500,000 shares of its common stock at a price to the public of $14.00 per share. all of the shares of common stock are being offered by acutus. the gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by acutus, are expected to be $77.0 million. the offering is expected to close on july 19, 2021, subject to the satisfaction of customary closing conditions. in addition, acutus has granted the underwriters a 30-day option to purchase up to an additional 825,000 shares of acutus' common stock at the price to the public, less underwriting discounts and commissions.
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