05:34 PM EDT, 06/09/2025 (MT Newswires) -- Airsculpt Technologies ( AIRS ) said late Monday that it has launched an underwritten public offering of 3.16 million shares, with Leerink Partners as the bookrunner for the offering.

The company said it will grant the underwriter an option to buy up to an additional 474,000 shares.

The company said its largest shareholder, Vesey Street Capital Partners, which is also affiliated with two directors, has shown interest in buying up to $4.0 million in shares.

AirSculpt ( AIRS ) said it plans to use the proceeds to help prepay a portion of its debt and for general corporate purposes.

Shares of the firm were down over 13% in after-hours activity.