Bionano sells 39.68M shares at 25.2c in registered direct offering

Bionano Genomics (BNGO) announced that it has entered into a definitive agreement with certain institutional investors for the purchase and sale of an aggregate of 39.68M shares at an offering price of 25.c per share of common stock. The closing of the offering is expected to occur on or about January. H.C. Wainwright is acting as the exclusive placement agent for the offering. The aggregate gross proceeds to the company from the offering are expected to be approximately $10M.

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