Neogenomics Inc (NEO.OQ) Key Developments |
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Neogenomics announces closing of recent equity offering

Friday, 22 Aug 2014 07:00am EDT 

Neogenomics Inc:Says it has closed on the public offering of an additional 1.05 mln shares of common stock at an offering price of $4.60 per share as a result of the exercise in full of the underwriters' over-allotment option.Total gross proceeds of the offering, including the exercise in full of the over-allotment option were about $37.0 mln from the sale of a total of 8.05 mln common shares.Plans to use the net proceeds for working capital, capital expenditures and for general corporate purposes.William Blair & Company, L.L.C. acted as the sole book-running manager and Craig-Hallum Capital Group LLC acted as co-lead manager for the offering.Stephens Inc., Roth Capital Partners, LLC, Sidoti & Company, LLC and Dawson James Securities, Inc. served as co-managers for the offering. 

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3:03pm EDT