Gunderson Dettmer advises Natera, Inc. in Follow-on Public Offering

September 10, 2020Client News

Gunderson Dettmer advised Natera, Inc. in a follow-on public offering of 4,1666,666 shares at a price to the public of $60.00 per share for a total of $235.6 million in aggregate gross proceeds. Capital markets partners Jeff Thacker and Jeff Vetter, corporate partner John Dietz and associates Leanne Gould and Ryan Gunderson led the team advising Natera.

The joint book-running managers included J.P. Morgan, Morgan Stanley, Cowen and SVB Leerink. Baird and Craig-Hallum Capital Group acted as co-managers for the offering.

Natera, which trades on the Nasdaq under the ticker symbol “NTRA,” is a global leader in cell-free DNA testing.