RxSight, Inc. Announces Closing of its Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares
May 13 2024 - 4:05PM
RxSight, Inc. (Nasdaq: RXST), an ophthalmic medical device company
dedicated to providing high-quality customized vision to patients
following cataract surgery, today announced that it has closed its
underwritten public offering of 2,053,571 shares of its common
stock, at a price to the public of $56.00 per share, which includes
the full exercise by the underwriters of their option to purchase
up to 267,857 additional shares. RxSight’s gross proceeds from the
offering were $115.0 million, before deducting underwriting
discounts and commissions and other offering expenses.
BofA Securities acted as lead bookrunning manager of the
offering and as representative of the underwriters. J.P. Morgan
also acted as bookrunning manager for the offering. BTIG acted as
co-manager of the offering.
RxSight filed an automatic shelf registration statement on Form
S-3 relating to the shares of common stock offered in the public
offering described above with the Securities and Exchange
Commission (the “SEC”) on May 8, 2024, which became automatically
effective upon filing. A final prospectus supplement and
accompanying prospectus relating to the offering was filed with the
SEC on May 8, 2024, and is available on the SEC’s website at
www.sec.gov. Copies of the final prospectus supplement and the
accompanying prospectus may also be obtained from: BofA Securities,
Attention: Prospectus Department, NC1-022-02-25, 201 North Tryon
Street, Charlotte, NC 28255-0001, by telephone at (800) 294-1322 or
by email at dg.prospectus_requests@bofa.com or J.P. Morgan
Securities LLC, c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204
or by email at prospectus-eq_fi@jpmchase.com.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy these securities, 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 registration or qualification under the securities laws of any
such state or other jurisdiction. The offering was only made by
means of a prospectus supplement and accompanying prospectus.
About RxSight, Inc.RxSight, Inc. is an
ophthalmic medical device company dedicated to providing
high-quality customized vision to patients following cataract
surgery. The RxSight® Light Adjustable Lens system, comprised
of the RxSight Light Adjustable Lens® (LAL®/LAL+™,
collectively the “LAL”), RxSight Light Delivery Device (LDD™) and
accessories, is the first and only commercially available
intraocular lens (IOL) technology that can be adjusted after
surgery, enabling doctors to customize and deliver high-quality
vision to patients after cataract surgery.
Company Contact:Shelley B. ThunenChief
Financial Officersthunen@rxsight.com
Investor Relations Contact:Oliver MoravcevicVP,
Investor Relationsomoravcevic@rxsight.com
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