Tesla locks in stock surge with $2B offering at $767 per share

Tesla locks in stock surge with $2B offering at $767 per share

4 years ago
Anonymous $-riAjkQg_1

https://techcrunch.com/2020/02/14/tesla-locks-in-stock-surge-with-2b-offering-at-767-per-share/

Tesla has priced its secondary common stock offering at $767, a 4.6% discount from Thursday’s share price close, according to a securities filing Friday.

Tesla said in the filing it will sell 2.65 million shares at that discounted price to raise more than $2 billion. Lead underwriters Goldman Sachs and Morgan Stanley, have the option to buy an additional 397,500 shares in the offering.