US EditionSenseonics Secures $50M Funding Boost: Abbott Takes Strategic Stake in Diabetes CGM Innovation
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Senseonics offers $50M, adds $25M private placement with Abbott
Senseonics (NYSE:SENS) announced today that it commenced an underwritten public offering of common stock worth $50 million. The long-term implantable continuous glucose monitor (CGM) maker expects to grant underwriters a 30-day option to purchase up to an additional 15% of the total number of shares of stock offered in the public offering. All shares to be sold in the proposed offering will be offered by Senseonics. Additionally, the company ent…
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