February 2023

Tactile Systems Technology Completes Public Offering of Common Stock

United States - Minnesota

Tactile Systems Technology, Inc. (Nasdaq: TCMD), a medical technology company focused on developing medical devices for the treatment of patients with underserved chronic diseases at home, completed a $37.4 million public offering of common stock. William Blair & Company served as the sole underwriter.

Faegre Drinker provided counsel to Tactile Systems throughout the matter, with net proceeds from the offering expected to provide Tactile Systems a number of opportunities, including the ability to expand commercial activities and increase support for product development. 

Read the full press release for more information.

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