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Quanterix Commences $75M Stock Offering

NEW YORK – Quanterix said on Wednesday afternoon that it has commenced an underwritten public offering of $75 million of shares of its common stock.

In connection with the stock offering, Quanterix intends to grant underwriters a 30-day option to purchase up to an additional 15 percent of the shares of common stock at the public offering price.

JP Morgan Securities and SVB Leerink are acting as joint book-running managers for the offering. Cannacord Genuity is acting as co-manager for the offering.

On Tuesday, Quanterix reported that its second quarter revenues increased 57 percent year over year.