Nanosphere (NSPH) Commences Common Offering

July 18, 2012 4:01 PM EDT Send to a Friend
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Nanosphere, Inc. (Nasdaq: NSPH), a leader in the development and commercialization of advanced molecular diagnostics systems, today 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.


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