Stratasys announces 4M-share stock offering, shares -2.4% AH

|By:, SA News Editor

The offering will be accompanied by a 600K-share overallotment option. No details yet on the company's plan for the proceeds. (PR)

Assuming Stratasys (SSYS) is issuing new shares, and not selling on behalf of shareholders, the company's proceeds would total $411M-$473M, depending on how the overallotment option is used.

Rivals 3D Systems and ExOne recently carried out stock offerings.