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Senseonics Closes Public Offering, Private Placement with Abbott

Summary by Drug Delivery Business
Senseonics (NYSE:SENS) announced that it closed its previously announced public offering and private placement with Abbott. Last week, the long-term continuous glucose monitor maker said it commenced an underwritten public offering of common stock worth $50 million. At the same time, it entered into a securities purchase agreement with another CGM maker — Abbott. Under the agreement, Senesonics agreed to issue and sell up to $25 million of commo…

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Globe Newswire broke the news in on Wednesday, May 21, 2025.
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