Danaher Announces Conversion Date For Series A Mandatory Convertible Preferred Stock
Round Type
Series A
WashingtonManufacturingBiotechnologyFinancial ServicesHealth CareLife ScienceDescription
Danaher Corporation (NYSE: DHR) announced today that its 4.75% Series A Mandatory Convertible Preferred Stock (the "Preferred Stock"), will automatically convert into shares of the Company's Common Stock on April 15, 2022 (the "Conversion Date"). The conversion rate for each share of Preferred Stock will be 6.6632 shares of the Company's Common Stock. Cash will be paid in lieu of fractional shares of Common Stock.
Who else raised in Financial Services and Life Science around the same time
Companies in the same sectors as Danaher that raised within 45 days of this round, from Fundz verified event records.
- Aurora Cannabis raised $125M (Funding Round) on May 26, 2022.
- 22nd Century raised $58M on May 25, 2022.
- Alithea Genomics raised an undisclosed amount (Seed) on May 24, 2022.
- Anja Health raised $4.5M (Seed) on May 9, 2022.
- Treace raised $150M (Debt Financing) on May 2, 2022.
- Helus Pharma raised $2.9M on April 28, 2022.
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What this usually meansDanaher raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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