Organogenesis Holdings Inc. Announces Proposed Public Offering of Class A Common Stock
November 10 2020 - 5:40PM
Organogenesis Holdings Inc. (Nasdaq: ORGO), a leading regenerative
medicine company focused on the development, manufacture, and
commercialization of product solutions for the Advanced Wound Care
and Surgical & Sports Medicine markets, today announced that it
is offering to sell 17,500,000 shares of its Class A common stock
in an underwritten public offering. In addition, Organogenesis
Holdings intends to grant the underwriters a 30-day option to
purchase up to an additional 2,625,000 shares of its Class A common
stock at the public offering price, less the underwriting discounts
and commissions. Morgan Stanley & Co. LLC and SVB Leerink LLC
are acting as joint book-running managers of the offering and BTIG,
LLC and Oppenheimer & Co. Inc. are acting as co-managers for
the offering. The offering is subject to market conditions and
there can be no assurance as to whether or when the offering may be
completed or as to the actual size or terms of the offering.
A registration statement on Form S-1 relating to the shares of
Class A common stock being offered has been filed with the
Securities and Exchange Commission (the “SEC”) but has not yet
become effective. These shares may not be sold, nor may offers to
buy be accepted, prior to the time the registration statement
becomes effective. This press release shall not constitute an offer
to sell or the solicitation of an offer to buy, nor shall there be
any sale of, these securities in any state or other jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
the registration or qualification under the securities laws of any
such state or jurisdiction. Any offers, solicitations or offers to
buy, or any sales of securities will be made in accordance with the
registration requirements of the Securities Act of 1933, as
amended. The offering is being made only by means of a prospectus
included in the registration statement, copies of which may be
obtained from Morgan Stanley & Co. LLC, Attention: Prospectus
Department, 180 Varick Street, 2nd Floor, New York, New York 10014
or by email at prospectus@morganstanley.com, or SVB Leerink LLC,
Attention: Syndicate Department, One Federal Street, 37th Floor,
Boston, MA 02110, by telephone at 1-800-808-7525, ext. 6132, or by
email at syndicate@svbleerink.com.
Forward-Looking StatementsThis press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, including
statements regarding Organogenesis Holdings’ proposed offering of
Class A common stock, that involve a number of risks and
uncertainties. Statements that are not historical facts are based
on Organogenesis Holdings’ current expectations, beliefs and
assumptions regarding the market for its Class A common stock.
There can be no assurance regarding the completion, timing or size
of the proposed offering. Important factors that could cause actual
outcomes to differ materially from those indicated by these
forward-looking statements include risks and uncertainties related
to market conditions, the satisfaction of customary closing
conditions related to the proposed public offering and others
described in Organogenesis Holdings’ registration statement on Form
S-1. Organogenesis Holdings cautions investors not to place undue
reliance on the forward-looking statements contained in this
release. These statements speak only as of the date of this
release, and Organogenesis Holdings undertakes no obligations to
update or revise these statements, except as may be required by
law.
About Organogenesis Holdings Inc. Organogenesis
Holdings Inc. is a leading regenerative medicine company offering a
portfolio of bioactive and acellular biomaterials products in
advanced wound care and surgical biologics, including orthopedics
and spine. Organogenesis’s comprehensive portfolio is designed to
treat a variety of patients with repair and regenerative
needs.
Investor Inquiries:
Westwicke Partners
Mike Piccinino, CFA
OrganoIR@westwicke.com
443-213-0500
Press and Media Inquiries:
Organogenesis
Marcus Girolamo
MGirolamo@organo.com
817-688-4767
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