MOUNTAIN VIEW, CA--(Marketwire - April 17, 2009) - Hansen Medical, Inc. (NASDAQ: HNSN) today announced that it has priced its public offering of 11,692,000 shares of its common stock at a price to the public of $3.25 per share. The gross proceeds to Hansen Medical, before expenses, from the sale of shares are expected to be $37,999,000. The closing of the offering is expected to take place on April 22, 2009. Piper Jaffray & Co. will be the sole manager for the offering.
The offering is being made pursuant to a shelf registration statement filed with the Securities and Exchange Commission on March 5, 2008 that became effective on March 17, 2008. A prospectus supplement relating to the offering will be filed with the Securities and Exchange Commission.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state. When available, copies of the prospectus supplement relating to the offering may be obtained upon request to Piper Jaffray & Co., at 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402, or by telephone at (800) 747-3924.
About Hansen Medical, Inc.
Hansen Medical, Inc., based in Mountain View, Calif., develops products and technology using robotics for the accurate positioning, manipulation and control of catheters and catheter-based technologies. The Sensei™ Robotic Catheter system is a robotic navigation system that enables clinicians to place mapping catheters in hard-to-reach anatomical locations within the heart easily, accurately and with stability during complex cardiac arrhythmia procedures. The Sensei system was cleared by the U.S. Food and Drug Administration in May 2007 for manipulation and control of certain mapping catheters in electrophysiology procedures. Additional information can be found at www.hansenmedical.com.
Forward-Looking Statements
This press release contains forward-looking statements regarding, among
other things, statements relating to expectations, projections, estimates,
goals, plans, objectives and future events. We intend such forward-looking
statements to be covered by the safe harbor provisions for forward-looking
statements contained in Section 21E of the Exchange Act and the Private
Securities Litigation Reform Act of 1995. These statements are based on
the current estimates and assumptions of our management as of the date of
this press release and are subject to risks, uncertainties, changes in
circumstances, assumptions and other factors that may cause actual results
to differ materially from those indicated by forward-looking statements.
Factors that could cause actual results to differ materially from those
indicated by such forward-looking statements are described in greater
detail under the heading "Risk Factors" contained in our periodic SEC
filings, including our Annual Report on Form 10-K filed with the SEC on
March 16, 2009. Given these uncertainties, you should not place undue
reliance on the forward-looking statements in this press release. We
undertake no obligation to revise or update information herein to reflect
events or circumstances in the future, even if new information becomes
available.
Investor Contacts:
Steven Van Dick
650.404.5800
Email Contact
Lasse Glassen
Financial Relations Board
213.486.6546
Email Contact
News Media Contact:
Amy Cook
925.552.7893
Email Contact