Cutera’s $138.25 Million Notes Offering

Goodwin Procter LLP advised the initial purchasers on the deal.

Cutera, Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Stifel, Nicolaus & Company, Incorporated, as representative of the several initial purchasers named in Schedule I thereto (the “Initial Purchasers”), to issue and sell $125 million aggregate principal amount of 2.25% Convertible Senior Notes due 2026 (the “Notes”). In addition, the Company granted the Initial Purchasers an option to purchase, during a 13-day period beginning on, and including, the date on which the Notes were first issued, up to an additional $13.25 million aggregate principal amount of Notes on the same terms and conditions. The Initial Purchasers exercised their option in full on March 5, 2021, bringing the total aggregate principal amount of the Notes to $138.25 million.

Cutera Inc. develops, manufactures, distributes, and markets energy-based product platforms for use by physicians and other qualified practitioners.

The Initial Purchasers are Stifel, Nicolaus & Company, Incorporated, Cantor Fitzgerald & Co. and Stephens Inc.

Involved fees earner: James Barri – Goodwin Procter; Benjamin Drai – Goodwin Procter; Garrett Gaughan – Goodwin Procter; Daniel Karelitz – Goodwin Procter; Thomas Levato – Goodwin Procter; John Servidio – Goodwin Procter; Patrick Wilson – Goodwin Procter;

Law Firms: Goodwin Procter;

Clients: Cantor Fitzgerald; Stephens Inc.; Stifel, Nicolaus & Company, Incorporated;

Author: Martina Bellini