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Published on 7/30/2009 in the Prospect News PIPE Daily.

New Issue: NeoGenomics completes $4.77 million private placement of common stock

By Devika Patel

Knoxville, Tenn., July 30 - NeoGenomics, Inc. settled a $4.77 million private placement of shares on July 24, according to an 8-K filed Thursday with the Securities and Exchange Commission and a company news release.

The company sold 3.5 million common shares to Abbott Laboratories.

Based in Fort Myers, Fla., NeoGenomics is a cancer genetics diagnostics testing company.

Issuer:NeoGenomics, Inc.
Issue:Common stock
Amount:$4,767,000
Shares:3.5 million
Warrants:No
Investor:Abbott Laboratories
Settlement date:July 24
Stock symbol:OTCBB: NGNM
Stock price:$1.85 at close July 24
Market capitalization:$62.8 million

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