Cytek Biosciences Announces Full Exercise of Underwriters Option to Purchase Additional Shares
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FREMONT, Calif., July 22, 2021 (GLOBE NEWSWIRE) Cytek Biosciences, Inc. ( Cytek Biosciences or Cytek ) (NASDAQ:CTKB), a leading cell analysis solutions company, announced today the pricing of its initial public offering of an aggregate of 16,749,330 shares of its common stock at a price to the public of $17.00 per share. The gross proceeds to Cytek from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be $200 million. Cytek is offering 11,764,706 shares of common stock and the selling stockholders named in the prospectus are offering 2,799,929 shares of common stock. Cytek will not receive any proceeds from the sale of shares by the selling stockholders. In addition, Cytek has granted the underwriters a 30-day option to purchase up to an additional 2,184,695 shares of common stock solely to cover over-allotments, if any, at the initial public offering price, less underwriting discounts and commissions
Cytek Biosciences Announces Pricing of Its Initial Public Offering
July 22, 2021 22:43 ET | Source: Cytek Biosciences, Inc. Cytek Biosciences, Inc. Fremont, California, UNITED STATES
FREMONT, Calif., July 22, 2021 (GLOBE NEWSWIRE) Cytek Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB), a leading cell analysis solutions company, announced today the pricing of its initial public offering of an aggregate of 16,749,330 shares of its common stock at a price to the public of $17.00 per share. The gross proceeds to Cytek from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be $200 million. Cytek is offering 11,764,706 shares of common stock and the selling stockholders named in the prospectus are offering 2,799,929 shares of common stock. Cytek will not receive any proceeds from the sale of shares by the selling stockholders. In addition,
Roadwork started in Skamokawa
July 22, 2021
LOOKING GOOD As this week begins, we started out with a very sunny Sunday morning and with temps in the low 80s, it s just what the hay makers wanted to see. The forecast is looking dry with maybe a few days with a bit of cloudiness and temperatures in the low 70s, so that s sounding perfect to me.
FIRE DANGER It s still very important to be wary of anything that could cause a spark which could start a fire. As we have seen, there are thousands of acres in our Pacific NW area that are currently burning out of control and we really don t want to have anything like that happen here in our county. If you re towing a trailer, it s best to double check those safety chains so they aren t striking/dragging along the pavement, as recently, several fires along the freeway were caused because of that very thing happening. Here s to being mindful of the dangers of fire, and may we all take extra precautions during this super dry time.
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