NanoString Technologies’ $216.2 Million Common Stock Offering

Davis Polk advised the joint book-running managers in the offering.

NanoString Technologies, Inc. executed its $216.2 million public offering of 5,750,000 shares of common stock, which included 750,000 shares from the full exercise of the underwriters’ option to purchase additional shares. The common stock is listed on the Nasdaq Global Market under the symbol “NSTG.”

Based in Seattle, Washington, NanoString develops, manufactures and sells life science tools for translational research and molecular diagnostic products.

The Davis Polk corporate team advising J.P. Morgan Securities LLC, UBS Securities LLC and Cowen and Company, LLC, as representatives of the several underwriters, included partner Alan F. Denenberg (Picture) and associates Benson Richards and Paula Gergen. Partner Pritesh P. Shah and associate Yifu Chen provided intellectual property advice. The tax team included partner Po Sit and associate Ben Levenback.

Involved fees earner: Yifu Chen – Davis Polk & Wardwell; Alan Denenberg – Davis Polk & Wardwell; Paula Gergen – Davis Polk & Wardwell; Ben Levenback – Davis Polk & Wardwell; Benson Richards – Davis Polk & Wardwell; Pritesh P. Shah – Davis Polk & Wardwell; Po Sit – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Cowen and Company; J.P. Morgan Securities LLC; UBS Securities LLC;

Author: Ambrogio Visconti