Nanosphere reports it plans to price public offering of common shares

Chardan Capital helps fund general corporate purposes, working capital

By Devika Patel

Knoxville, Tenn., Oct. 21 – Nanosphere, Inc. will price a public offering of common stock with a 30-day greenshoe, according to a preliminary prospectus supplement filed Tuesday with the Securities and Exchange Commission.

Chardan Capital Markets, LLC 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.

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