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Butterfly Network Raises $76.5M in Public Offering – Medwire

Butterfly Network Raises $76.5M in Public Offering

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Funds to Support Product Development & Growth

Butterfly Network (NYSE: BFLY) expects $76.5 million from its public offering of 24M shares at $3.15 each.

Key Highlights:

  • Stock Performance: Up 6% this week, trading above $4.
  • Growth Acceleration: 35% Q4 revenue increase, surpassing expectations.
  • CEO Joseph DeVivo: “Success comes from relentless execution & exceptional products.”

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