Netflix Q2 Profit Warning Sends Shares Tumbling as Reed Hastings Exits 
Sam Altman Moves to Dismiss Punitive Damages in Sister's Sexual Abuse Lawsuit 
Samsung Races to Deliver Next-Gen HBM4E Memory Samples to Nvidia 
Iran War Drives Asia's Plastic Crisis — and a Green Packaging Boom 
TSMC Posts Record Q1 Profit Fueled by AI Chip Demand 
Goldman Sachs FICC Revenue Falls 10% Amid Iran War Market Volatility 
DEEPX Partners with Hyundai to Power Next-Gen AI Robots Ahead of IPO 
Elliott Investment Takes ~3% Stake in Daikin, Pushes for Buybacks and Strategic Overhaul 
OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push 
Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent 
Federal Agencies Secretly Test Anthropic's AI Despite Trump Administration Ban 
Qantas Raises Fuel Cost Forecast Amid Middle East Oil Crisis 
Uber Bets Big on Autonomous Vehicles with $10 Billion Commitment 
Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million 
Daikin Industries Stock Surges 14% After Elliott Investment Management Discloses Major Stake 
SK Hynix Shares Hit Record High Amid AI Memory Demand Surge 
Elon Musk's Terafab Foundry Courts Top Chipmaking Giants for AI Self-Sufficiency Push 
SEATTLE, May 31, 2017 -- NanoString Technologies, Inc. (NASDAQ:NSTG), a provider of life science tools for translational research and molecular diagnostic products, today announced an agreement to sell 2,750,000 shares of its common stock to Robert W. Baird & Co. Incorporated as the underwriter in an underwritten public offering pursuant to NanoString’s existing shelf registration statement. NanoString has also granted the underwriter a 30-day option to purchase up to an additional 412,500 shares of common stock. NanoString intends to use the net proceeds of the offering for general corporate purposes and working capital.
Robert W. Baird & Co. Incorporated is serving as sole underwriter for the offering.
A shelf registration statement on Form S-3 relating to the common stock offered in the public offering described above was filed with the Securities and Exchange Commission (SEC) on August 29, 2014 and declared effective by the SEC on September 10, 2014. The offering will be made only by means of a written prospectus and prospectus supplement that form a part of the registration statement. A preliminary prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus, when available, may also be obtained by contacting Robert W. Baird & Co. Incorporated, Attn: Syndicate Department, 777 East Wisconsin Avenue, Milwaukee, Wisconsin 53202, Telephone: (800) 792-2473, Email: [email protected].
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities being offered, nor shall there be any sale of the securities being offered in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
Contact Douglas Farrell Vice President, Investor Relations & Corporate Communications [email protected] Phone: 206-602-1768
