Novanta prices private placement of 2,142,857 shares at USD 140 each, raising USD 300 million

Novanta Inc

Novanta Inc

NOVT

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  • Novanta priced a private placement of 2,142,857 common shares at USD 140 per share, targeting about USD 300 million in gross proceeds.
  • Closing is expected on or about June 11, 2026, subject to customary conditions.
  • Shares were sold in an unregistered transaction to institutional and other accredited investors.
  • A registration rights agreement requires the company to register resale of the shares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Novanta Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606090615BIZWIRE_USPR_____20260609_BW910581) on June 09, 2026, and is solely responsible for the information contained therein.