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-0.0487106017191978 -0.0448901623686725 -0.0372492836676218 0.0219675262655205 0.0955109837631327 0.229226361031519 0.135625596943648 0.241642788920726
Stock impact report

NanoString Announces Completion of Financing to Support Restructuring Process [Yahoo! Finance]

NanoString Technologies, Inc. (NSTG) 
Last nanostring technologies, inc. earnings: 2/26 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.nanostring.com
Company Research Source: Yahoo! Finance
Supports Mission to Continue Serving Life Sciences Researchers Worldwide SEATTLE, February 09, 2024 BUSINESS WIRE )--NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, today announced the Company has entered into a credit agreement with its existing lenders comprised of (a) $12,500,000 in new money term loans which have already been approved for funding pursuant to the February 5 interim order of the U.S. Bankruptcy court approving the credit facility, and (b) an additional $35,000,000 in new money term loans to be funded upon entry of the final order of the Court approving the credit facility, which is expected in late February. The total amount of $47.5 million to be provided represents an increase as compared to the initial $40 million commitment as announced on February 5, 2024. The proceeds of this new financing will support the Company through its restructuring process and will be used to support th Show less Read more
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