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ARTICLE | Financial News

Cancer Genetics closes $46 million follow-on

October 29, 2013 12:46 AM UTC

Diagnostic company Cancer Genetics Inc. (NASDAQ:CGIX) closed a follow-on with $46 million -- the company's second follow-on since raising $6.9 million in an IPO in April. The company sold 3.3 million shares at $14. The share figure and total raised includes 428,700 shares sold in the overallotment. Aegis Capital; Feltl; Cantor Fitzgerald; and Dougherty were underwriters. Cancer Genetics filed to raise up to $46 million in the follow-on earlier this month, when its share price was $18.75. ...