Hyperfine Falls After Public Offering Disclosure, Preliminary 3Q Results

Dow Jones
Oct 16, 2025
 

By Katherine Hamilton

 

Shares of Hyperfine slipped after the health-technology company said it had commenced an underwritten public offering and shared preliminary third-quarter results.

The stock slid 17%, to $1.82, in after-hours trading Wednesday. Through the close, shares had more than doubled this year.

The company plans to offer Class A stock and pre-funded warrants to purchase stock, it said. It will grant underwriters a 30-day option to purchase up to 15% of the total number of securities sold in the offering.

The Guilford, Conn., company also shared preliminary results for the third quarter. It expects to record $3.4 million in revenue, which would be just below the $3.5 million analysts expect, according to FactSet.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

October 15, 2025 18:42 ET (22:42 GMT)

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