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Nanosphere Inc Announces Commencement of Public Offering of Common Stock

Thursday, 12 Sep 2013 04:00pm EDT 

Nanosphere Inc announced that it intends to offer shares of its common stock in a public offering. Nanosphere also expects to grant the underwriters a 30-day option to purchase additional shares of common stock to cover overallotments, if any. Piper Jaffray & Co. is acting as the sole book-running manager for the offering. Nanosphere plans to use the net proceeds from the offering for general corporate purposes and working capital. This offering will be made pursuant to a prospectus supplement to the Company's prospectus, dated November 5, 2012, filed as part of the Company's effective $100 million shelf registration statement. 

Company Quote

0.085 +2.56%
1:02pm EDT