GenMark prices public offering of common stock

GenMark prices public offering of common stock

GenMark Diagnostics, Inc., a molecular diagnostics company focused on developing and commercializing proprietary eSensor detection technology, announced today the pricing of a public offering of 7,065,600 shares of its common stock at a price to the public of $4.25 per share.

GenMark Diagnostics, Inc. (NASDAQ: GNMK), a molecular diagnostics company focused on developing and commercializing proprietary eSensor detection technology, announced today the pricing of a public offering of 7,065,600 shares of its common stock at a price to the public of $4.25 per share. GenMark has granted the underwriters an option to purchase up to an additional 1,059,840 shares of common stock to cover over-allotments. The offering is expected to close on June 22, 2011, subject to customary closing conditions.

Canaccord Genuity Inc. is acting as sole book-running manager of the offering, and William Blair & Company, L.L.C. is acting as co-lead manager of the offering. The offering was made pursuant to a registration statement (File No. 333-174524) initially filed with the Securities and Exchange Commission (the "SEC") on May 26, 2011, and that was declared effective on June 16, 2011.

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GenMark Diagnostics

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