BG Medicine Prices Public Offering, Anticipates $8.9M in Net Proceeds | GenomeWeb

NEW YORK (GenomeWeb News) – BG Medicine today priced a public offering of common stock that is anticipated to bring in $8.9 million in net proceeds.

The Waltham, Mass.-based firm plans to offer 6,452,000 shares of its common stock at $1.55 per share. It also has granted the offering's underwriter a 30-day option to purchase up to an additional 967,800 shares to cover any overallotments.

Lazard Capital Markets is the sole book-running manager for the offering.

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