Natera, Inc. $103.5 Million Follow-On Public Offering
Davis Polk advised the representatives of the underwriters in connection with the follow-on offering of 5,175,000 shares of common stock for Natera, Inc. for total gross proceeds of $103.5 million. The shares are listed on the NASDAQ under the symbol “NTRA.”
Based in San Carlos, California, Natera is a genetics testing company that develops and commercializes non-invasive methods for analyzing DNA. It offers a host of proprietary genetic testing services to inform physicians who manage pregnant women, researchers in cancer including biopharmaceutical companies, and genetic laboratories through its cloud-based Constellationsoftware platform.
The Davis Polk corporate team included partner Alan F. Denenberg and associates Emily Roberts and Laurel Mills. Partner Frank J. Azzopardi and associate Jason J. Bang provided intellectual property and technology advice. Partner Rachel D. Kleinberg provided tax advice. Members of the Davis Polk team are based in the Northern California and New York offices.