IPO - Butterfly Network, Inc.

Form Type: 8-K

Filing Date: 2025-01-30

Corporate Action: Ipo

Type: New

Accession Number: 000110465925007629

Filing Summary: On January 29, 2025, Butterfly Network, Inc. entered into an underwriting agreement with TD Securities (USA) LLC and William Blair & Company, L.L.C. for a public offering of 27,600,000 shares of Class A common stock at a price of $3.15 per share. This offering includes an option for underwriters to purchase an additional 3,600,000 shares within a 30-day period. The company anticipates gross proceeds of approximately $75.6 million, excluding underwriting discounts and expenses, with closing expected on January 31, 2025, pending customary closing conditions. The offering is made under a shelf registration statement and accompanying prospectus filed with the SEC. A related press release was also issued on the same date, announcing the pricing of the offering, and relevant legal opinions and disclosures are included as exhibits in this filing.

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