By Doc Louallen
Sophia Genetics shares advanced after the company priced a $50 million public offering of ordinary shares at $4.75 apiece.
The stock was up 8.7% at $5.36 late Wednesday morning. Shares are up 10% over the past month and 15% this year.
The healthcare artificial intelligence company is selling 10.5 million shares, with underwriters holding a 30-day option to buy up to 1.58 million additional shares.
The offering is expected to close June 18, subject to customary conditions.
Write to Doc Louallen at Doc.Louallen@wsj.com
(END) Dow Jones Newswires
June 17, 2026 11:52 ET (15:52 GMT)
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