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Sientra nets $62mm in follow-on public offering

Executive Summary

Sientra Inc. (breast implants and breast tissue expanders used for medical aesthetics and reconstructive surgical applications) netted $62mm by publicly selling 3mm shares for $22. The company initially planned to raise as much as $75mm. It may use some of the proceeds to acquire or invest in new products and technologies, and to pay back a portion of its $25.7mm in long-term debt.
Deal Industry
  • Medical Devices
    • Implantable Devices
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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