Nanosphere, Inc. Closes $30 Million Offering

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Nanosphere says it closed a more than $30 million public offering, including an over-allotment purchased by the offering's underwriters. Nanosphere (NSDQ:NSPH) pulled down $30.2 million in a public offering of some 17.3 million shares, including a substantial over-allotment snapped up by the offering's underwriters. The $1.75-per-share offering closed today, with underwriters Piper Jaffray & Co., Canaccord Genuity Inc. and Cowen & Co. purchasing the nearly 2.3 million-share over-allotment, Northbrook, Ill.-based Nanosphere said.

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