Nanosphere announces plans to price public offering of common shares

Piper Jaffray helps fund general corporate purposes, working capital

By Devika Patel

Knoxville, Tenn., Sept. 12 - Nanosphere, Inc. will price a public offering of common stock with a 30-day greenshoe option, according to an 8-K filed Thursday with the Securities and Exchange Commission.

Piper Jaffray & Co. is the bookrunning manager.

Proceeds will be used for general corporate purposes and working capital.

The Northbrook, Ill.-based company develops and commercializes advanced molecular diagnostics systems.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.