Natera, Inc. $230 Million Follow-On Public Offering
Davis Polk advised the several underwriters in connection with the follow-on offering of 6,571,428 shares of common stock of Natera, Inc. for total gross proceeds of approximately $230 million. The shares are listed on the Nasdaq Global Select Market under the symbol “NTRA.”
Based in San Carlos, California, Natera is a diagnostics company with proprietary molecular and bioinformatics technology that it deploys to change the management of disease worldwide.
The Davis Polk corporate team included partner Alan F. Denenberg, counsel Jeffrey Gould and associates Stephanie Y. Cheng and Daniel Reichert. Partner Frank J. Azzopardi and associate Hilary Smith provided intellectual property and technology advice. The tax team included partner Rachel D. Kleinberg. Associate J. Taylor Arabian provided 1940 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.