Senseonics -5.8% on $80M public share offering

|About: Senseonics Holdings (SENS)|By:, SA News Editor

Senseonics Holdings (NYSEMKT:SENS) is off 5.8% after hours after announcing a public offering of $80M worth of common stock.

The offering is set to come at $4.05/share, Bloomberg notes; shares had closed today at $4.66 and are quoting at $4.43 after hours.

Underwriters will get a 30-day option to buy up to an additional $12M worth.

Senseonics is selling all shares in the offering.

BTIG is sole book-runner.

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