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Stock impact report

HTG Molecular Diagnostics Announces Pricing of Public Offering of Common Stock

HTG Molecular Diagnostics, Inc. (HTGM) 
Last htg molecular diagnostics, inc. earnings: 11/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: htgmolecular.com
Company Research Source: GlobeNewswire
TUCSON, Ariz., Jan. 18, 2018 (GLOBE NEWSWIRE) -- HTG Molecular Diagnostics, Inc. (NASDAQ:HTGM) (HTG), a provider of instruments, reagents and services for molecular profiling applications, today announced the pricing of an underwritten public offering of 12,100,000 shares of its common stock at a price to the public of $2.90 per share. All of the shares are being sold by HTG. The gross proceeds from the offering are expected to be $35.1 million, before deducting the underwriting discounts and commissions and offering expenses. The offering is expected to close on January 23, 2018, subject to customary closing conditions. In addition, HTG has granted the underwriters a 30-day option to purchase up to 1,815,000 additional shares of its common stock at the public offering price, less the underwriting discounts and commissions. HTG anticipates using the net proceeds from the offering for working capital and general corporate purposes, which may include capital expenditures and research Show less Read more
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