WaferGen Bio-systems Announces Pricing of $15 Million Underwritten Offering

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WaferGen Bio-Systems (WGBS) Prices $15M Offering of Common Stock and Warrants

October 16, 2015 8:47 AM EDT

WaferGen Bio-systems, Inc. (NASDAQ: WGBS) today announced the pricing of an underwritten public offering of units for gross proceeds of $15 million, prior to deducting underwriting discounts and commissions and offering expenses payable by the Company.

The offering was priced at a public offering price of $1.00 per share of common stock (or common stock equivalent), with each share of common stock coupled in units with a five-year warrant to purchase one share of common stock, at $1.44 per share. The securities comprising the units are immediately separable and will be issued separately. The offering is... More