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NetworkNewsBreaks – Bionano Genomics, Inc. (NASDAQ: BNGO) Closes Underwritten Public Offering

Company: Bionano Genomics Inc. (BNGO)
Category: News

Bionano Genomics (NASDAQ: BNGO), a life sciences instrumentation company that develops and markets Saphyr, a platform for ultra-sensitive and ultra-specific structural variation detection in genome analysis, has closed an underwritten public offering. According to the update, the offering consists of 20,937,558 shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) and common warrants to purchase up to an aggregate of 20,937,558 shares of common stock. Each common stock share and, as applicable, pre-funded warrant was sold together with a common warrant to purchase one common stock share at a combined effective price to the public of $0.86 per share and accompanying common warrant. For each pre-funded warrant Bionano sold, the number of shares of common stock Bionano offered decreased on a one-for-one basis. The common warrants are immediately exercisable at a price of $0.86 per share of common stock and will expire five years from the date of issuance. ROTH Capital Partners acted as lead manager for the offering.

To view the full press release, visit http://nnw.fm/wZb3h

About Bionano Genomics, Inc.

Bionano is a life sciences instrumentation company in the genome analysis space. The company develops and markets the Saphyr system, a platform for ultra-sensitive and ultra-specific structural variation detection that enables researchers and clinicians to accelerate the search for new diagnostics and therapeutic targets and to streamline the study of changes in chromosomes, which is known as cytogenetics. The Saphyr system comprises an instrument, chip consumables, reagents and a suite of data analysis tools. The company is located in San Diego, California.  For more information, please visit www.BionanoGenomics.com.

About ROTH Capital Partners

ROTH Capital Partners, LLC (“ROTH”), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. For more information on ROTH, please visit www.ROTH.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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