LipoScience, Inc. Lowers IPO Price Range to $9; a 32% Cut
Published: Jan 25, 2013
Barclays Capital Inc., UBS Securities LLC and Piper Jaffray & Co. are acting as joint book-running managers for the offering.
The offering of these securities will be made only by means of a prospectus. A copy of the prospectus may be obtained from the offices of Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at Barclaysprospectus@broadridge.com or by phone at (888) 603-5847; UBS Securities LLC, Attention: UBS Prospectus Department, 299 Park Avenue, 28th Floor, New York, NY 10019 or by phone at (888) 827-7275; or Piper Jaffray & Co., Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, MN 55402 or by telephone at (800)747-3924 or by e-mail at email@example.com.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on January 24, 2013.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About LipoScience, Inc.
LipoScience, Inc. is pioneering a new field of personalized diagnostics based on nuclear magnetic resonance (NMR) technology. Its first proprietary diagnostic test, the NMR LipoProfile® test, measures the number of low density lipoprotein particles (LDL-P) in a blood sample and provides physicians and their patients with actionable information to personalize management of risk for heart disease. To date, over 8 million NMR LipoProfile tests have been ordered. LipoScience’s automated clinical analyzer, Vantera has been cleared by the FDA and will be placed with national and regional clinical laboratories. LipoScience is driving toward a clinical standard of care by decentralizing its technology and expanding its menu of personalized diagnostic tests to address a broad range of metabolic and other diseases. For further information on LipoScience, please visit www.liposcience.com and www.theparticletest.com.