{"id":410704,"date":"2021-01-07T16:04:19","date_gmt":"2021-01-07T21:04:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=410704"},"modified":"2021-01-07T16:04:19","modified_gmt":"2021-01-07T21:04:19","slug":"viewray-announces-full-exercise-of-underwriters-option-to-purchase-additional-shares-and-closing-of-public-offering-of-common-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/viewray-announces-full-exercise-of-underwriters-option-to-purchase-additional-shares-and-closing-of-public-offering-of-common-stock\/","title":{"rendered":"ViewRay Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares and Closing of Public Offering of Common Stock"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n CLEVELAND<\/span>, Jan. 7, 2021<\/span> \/PRNewswire\/ — ViewRay, Inc. (Nasdaq: VRAY), maker of the MRIdian, which combines MRI and external-beam radiation therapy to simultaneously image and treat cancer patients, today announced the completion of its previously announced underwritten public offering of 11,856,500 shares of common stock at a price to the public of $4.85<\/span> per share, for gross proceeds of approximately $57.5 million<\/span>, before deducting underwriting discounts and commissions and estimated offering expenses payable by ViewRay. All of the shares sold in the offering were sold by ViewRay. The shares sold included the full exercise of the underwriter’s option to purchase additional shares.<\/p>\n

ViewRay intends to use the net proceeds from the offering for general corporate purposes, including working capital, capital expenditures, continued research and development and commercial expenses.<\/p>\n

\n Piper Sandler<\/span> & Co. acted as the sole book-running manager for the offering. B. Riley Securities, Inc. and Oppenheimer & Co. Inc. acted as co-managers for the offering.<\/p>\n

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on February 7, 2019<\/span>. This offering was made solely by means of a prospectus supplement and accompanying prospectus included in the registration statement. A final prospectus supplement and accompanying prospectus relating to the offering was filed with the SEC and is available on the SEC’s website located at http:\/\/www.sec.gov<\/a>. Alternatively, copies of the final prospectus supplement and the accompanying prospectus may be obtained by contacting Piper Sandler<\/span> & Co., Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, MN<\/span> 55402, or by telephone at (800) 747-3924, or by email at prospectus@psc.com<\/a>. <\/p>\n

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 jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of these securities under the securities laws of any such state or jurisdiction.<\/p>\n

Forward Looking Statements:<\/p>\n

Except for historical information, certain statements in this press release, including statements regarding the anticipated use of proceeds of the public offering, are forward-looking in nature and are subject to risks, uncertainties and assumptions about us, including, without limitation, risks and uncertainties related to market conditions. Such forward-looking statements involve substantial risks and uncertainties that relate to future events and the actual results could differ significantly from those expressed or implied by the forward-looking statements. Any forward-looking statements are based on ViewRay’s current expectations, estimates and assumptions regarding future events and are applicable only as of the dates of such statements. ViewRay makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances that may change. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to ViewRay’s business in general, please refer to the “Risk Factors” sections in ViewRay’s final prospectus supplement filed with the SEC on January 6, 2021<\/span>, including the documents incorporated by reference therein, its Annual Report on Form 10-K filed with the SEC on March 12, 2020<\/span>, its Quarterly Reports on Form 10-Q filed with the SEC on May 1, 2020<\/span>, July 31, 2020<\/span>, and November 6, 2020<\/span> and certain of its other reports filed with the SEC.<\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/viewray-announces-full-exercise-of-underwriters-option-to-purchase-additional-shares-and-closing-of-public-offering-of-common-stock-301202327.html<\/a><\/p>\n

SOURCE ViewRay, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire CLEVELAND, Jan. 7, 2021 \/PRNewswire\/ — ViewRay, Inc. (Nasdaq: VRAY), maker of the MRIdian, which combines MRI and external-beam radiation therapy to simultaneously image and treat cancer patients, today announced the completion of its previously announced underwritten public offering of 11,856,500 shares of common stock at a price to the public of $4.85 per share, for gross proceeds of approximately $57.5 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by ViewRay. All of the shares sold in the offering were sold by ViewRay. The shares sold included the full exercise of the underwriter’s option to purchase additional shares. ViewRay intends to use the net proceeds from the offering for general corporate purposes, including working … <\/p>\n

Continue reading “ViewRay Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares and Closing of Public Offering of Common Stock”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-410704","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nViewRay Announces Full Exercise of Underwriters' Option to Purchase Additional Shares and Closing of Public Offering of Common Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/viewray-announces-full-exercise-of-underwriters-option-to-purchase-additional-shares-and-closing-of-public-offering-of-common-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ViewRay Announces Full Exercise of Underwriters' Option to Purchase Additional Shares and Closing of Public Offering of Common Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CLEVELAND, Jan. 7, 2021 \/PRNewswire\/ — ViewRay, Inc. (Nasdaq: VRAY), maker of the MRIdian, which combines MRI and external-beam radiation therapy to simultaneously image and treat cancer patients, today announced the completion of its previously announced underwritten public offering of 11,856,500 shares of common stock at a price to the public of $4.85 per share, for gross proceeds of approximately $57.5 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by ViewRay. All of the shares sold in the offering were sold by ViewRay. The shares sold included the full exercise of the underwriter’s option to purchase additional shares. 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