NanoString Technologies (NSTG) Prices 5M Share Common Offering at $40/Sh

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Go back to NanoString Technologies (NSTG) Prices 5M Share Common Offering at $40/Sh

NanoString Technologies Announces Pricing of Upsized Public Offering of $200 Million of Common Stock

October 7, 2020 7:58 PM EDT

SEATTLE--(BUSINESS WIRE)-- NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, today announced the pricing of an upsized underwritten public offering of 5,000,000 shares of its common stock at a price to the public of $40.00 per share pursuant to its existing shelf registration statement, for gross proceeds of $200.0 million. The size of the offering was increased from the previously announced $150.0 million of shares of common stock offered. NanoString has granted to the underwriters of the offering a 30-day option to purchase up to an... More