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Home » Business, Policy & Funding » Business News » Bionano Prices $18M Stock, Warrant Offering

Bionano Prices $18M Stock, Warrant Offering

Apr 02, 2020
|
staff reporter

NEW YORK — Bionano Genomics said on Thursday that it has priced an $18 million public offering of stock and warrants.

The company also recently announced its participation in a project investigating the genetics of susceptibility to COVID-19.

Through the offering, the San Diego-based company will sell 54.5 million shares of its common stock — or prefunded warrants to purchase common stock in lieu thereof — along with warrants to purchase an additional 54.5 million common shares. Each share will be sold with one warrant for $.33.

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