Thursday, May 9, 2013

Nanosphere (NSPH) Floats More Stock at $2.60

Nanosphere (NSPH) reported 1Q'13 results after the market closed on 02013.05.07. Yesterday, NSPH closed at $2.49, down 4.2% for the day. The company's 1Q'13 press release included the following: "Nanosphere also raised $5 million through the sale of 1,923,077 shares in an underwritten registered offering at a price of $2.60 per share that are to be purchased by William Blair Small Cap Growth Fund." William Blair has been around since the mid-01930s and they are corporate headquartered in Chicago not to far from Nanosphere.

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