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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Wed., Aug. 4, 10:42 AM

Slide #12. Olink Holding AB Secondary Offering

Company: Olink Holding AB (NASDAQ:OLK)
Date announced: 7/14/2021
Shares Offered: 7,500,000
Date of Pricing: 7/14/2021
Price Per Share: $31.00
Secondary Offering Details: Olink Holding AB (publ) (Nasdaq: OLK) ("Olink" or the "Company"), today announced the pricing of a public offering of 7,500,000 American Depositary Shares, each representing one common share of the Company (the "ADSs"), to be sold by certain selling shareholders of the Company, at a price to the public of $31.00 per ADS. In addition, certain selling shareholders have granted the underwriters a 30-day option to purchase up to 1,125,000 additional ADSs. The selling shareholders will receive all of the net proceeds from the offering and Olink will not receive any proceeds. The offering is expected to close on or about July 19, 2021, subject to the satisfaction of customary closing conditions.

Olink Holdings is engaged in the field of proteomics by providing a platform of products and services, developed with key opinion leaders (KOLs), that are deployed across major biopharmaceutical companies and clinical and academic institutions. Co.'s products and services play a role in decoding the biology of almost all disease areas and are used most frequently in immunology, oncology, neurology, cardiovascular and metabolic diseases. Co.'s offering is based on its proprietary and patented Proximity Extension Assay (PEA) technology, which enables researchers to use one platform from discovery to clinical trials. PEA comprises three product lines: Explore, Target, and Focus.
Open the OLK Page at The Online Investor »

Company Name:  Olink Holdings AB
Website:  www.olink.com
Sector:  Medical Instruments & Supplies
Number of ETFs Holding OLK:  1
Total Market Value Held by ETFs:  $13437
 

Open the OLK Page at The Online Investor (in a new window) »

August 4, 2021    10:42 AM Eastern
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