NEW YORK, Feb. 12 (GenomeWeb News) - Cepheid is offering 5.5 million shares of common stock at a public offering price of $11.25 per share, the company said today.
The total value of the offering is $61.9 million.
Cepheid also said it has granted its underwriters an option to purchase up to an additional 825,000 shares of common stock to cover over-allotments. UBS Securities is the sole book-running manager for the offering. William Blair & Company, C.E. Unterberg, Towbin, and Rodman & Renshaw are acting as co-managers.