The company has granted underwriters a 30-day option to purchase an additional 1,578,900 shares to cover potential over-allotments. TD Cowen is leading the book-running process, supported by Guggenheim Securities, while BTIG and Craig-Hallum serve as lead managers for the offering.

Proceeds from the sale will be collected before accounting for underwriting discounts, commissions, and other associated expenses. The offering is being conducted under a registration statement previously filed with the U.S. Securities and Exchange Commission. The company clarified that the shares are not being offered or marketed in Switzerland, as the transaction does not comply with the Swiss Financial Services Act.