IPO - Senseonics Holdings, Inc.

Form Type: 8-K

Filing Date: 2025-05-16

Corporate Action: Ipo

Type: New

Accession Number: 000110465925050090

Filing Summary: On May 15, 2025, Senseonics Holdings, Inc. entered into an underwriting agreement with TD Securities (USA) LLC and Barclays Capital Inc. to issue and sell 100,000,000 shares of its common stock at a public price of $0.50 per share. The company granted the underwriters an option to purchase an additional 15,000,000 shares within 30 days. The net proceeds are expected to be approximately $45,400,000, or $52,450,000 if the underwriters fully exercise their option. The closing of the offering is anticipated to occur on May 19, 2025. The securities are being offered under an effective shelf registration statement on Form S-3. The announcement was accompanied by press releases issued by the company which began the offering and priced it. Forward-looking statements regarding the offering's potential risks and uncertainties are highlighted, with references to the company's financial reporting obligations under the Securities Act and Exchange Act.