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Posted: November 1, 2007
Nanosphere Prices IPO Of 7 Mln Common Shares At $14.00 Per Share
(Nanowerk News) Nanosphere, Inc. (NSPH), a nanotechnology-based molecular diagnostics company, announced the pricing of its initial public offering of 7 million shares of its common stock at $14.00 per share.
Nanosphere has granted to the underwriters a 30-day option to purchase up to an additional 1.05 million shares of common stock at the initial public offering price, less underwriting discounts and commissions.
Nanosphere's common stock began trading on November 1 on NASDAQ Global Market under the symbol ''NSPH.''