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Senseonics nets $149.3mm via FOPO

Executive Summary

Senseonics Holdings Inc. (developer of the Eversense implantable continuous glucose monitoring system for diabetics) netted $149.3mm through the follow-on offering of 38.1mm common shares (including full exercise of the overallotment) at $3.9263 each. The company will use the funds to commercialize Eversense in the US and for R&D of future configurations of the device.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
    • Biosensors
    • Glucose Testing
  • Medical Devices
    • Implantable Devices
    • Monitoring Equipment & Devices
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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