Cancer Genetics Prices Stock Offering, Expects to Raise $40M | GenomeWeb

NEW YORK (GenomeWeb News) – Cancer Genetics said after the close of the market last night that it had priced its offering of 2,858,000 shares of common stock at $14 per share.

The Rutherford, NJ-based cancer molecular diagnostics firm expects gross proceeds from the offering to total roughly $40 million. That total falls short of the proposed maximum aggregate offering price of $46 million listed in the firm's preliminary prospectus last week.

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