By Devika Patel
Knoxville, Tenn., June 11 - Exact Sciences Corp. said it completed an $8.2 million private placement of stock.
The company sold 4.3 million common shares.
XMS Capital Partners advised the company for this deal.
Exact Sciences, based in Marlborough, Mass., develops screening technologies for cancer detection.
| Issuer: | Exact Sciences Corp.
|
| Issue: | Common stock
|
| Amount: | $8.2 million
|
| Shares: | 4.3 million
|
| Price: | $1.91
|
| Warrants: | No
|
| Settlement date: | June 11
|
| Stock symbol: | Nasdaq: EXAS
|
| Stock price: | $1.99 at close June 11
|
| Market capitalization: | $61.5 million
|
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