Natera $250 million follow-on offering
The shares are listed on the Nasdaq Global Select Market
Davis Polk advised the representatives of the several underwriters in connection with the follow-on offering of 4,550,000 shares of common stock of Natera, Inc. for total gross proceeds of approximately $250 million. The underwriters have been granted an option to purchase up to 682,500 additional shares. The shares are listed on the Nasdaq Global Select Market under the symbol “NTRA.”
Based in Austin, Texas, Natera is a diagnostics company with proprietary molecular and bioinformatics technology that it is applying to change the management of disease worldwide.
The Davis Polk corporate team included partner Alan F. Denenberg and associates Dana Lueck-Mammen, Jennifer Chung and Ivey Eugene. Partner Frank J. Azzopardi and associates Brette L. Trost and Anthony Tran provided intellectual property advice. The tax team included partner Mario J. Verdolini and associate Michelle Zhao. Associate Harrison Perry provided ’40 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.