Neuronetics Prices Public Offering of Common Stock at $2.25 Per Share

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Neuronetics Prices Public Offering of Common Stock at $2.25 Per Share

MALVERN, PA — Neuronetics, Inc. (NASDAQ: STIM) today announced the pricing of its underwritten public offering of 8,000,000 shares of common stock at $2.25 per share. The offering is expected to generate approximately $18 million in gross proceeds before underwriting discounts, commissions, and related expenses. The company has also granted the underwriter, Canaccord Genuity LLC, a 30-day option to purchase up to an additional 1,200,000 shares a…