Cancer Genetics down 28% on pricing equity offering [Seeking Alpha]
CANCER GENETICS (CGIX)
Last cancer genetics earnings: 11/19 04:16 pm
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US:NASDAQ Investor Relations:
ir.cancergenetics.com
Company Research
Source: Seeking Alpha
Cancer Genetics down 28% on pricing equity offering Cancer Genetics (NASDAQ: CGIX priced Underwriter over-allotment is an additional 2M shares. The offering is expected to close on or about January 14. Net proceeds from the offering will be used to pay lender fees and other costs incurred in connection with the potential forbearance agreements it is negotiating with its banks, to pay certain costs previously incurred by it in connection with its terminated transaction with NovellusDx Ltd., and if any proceeds remain available, to fund working capital and other general corporate purposes.
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