NanoString Technologies, Inc.’s $50 Million Follow-on Offering


Davis Polk advised the joint book-running managers and representatives of the several underwriters and the lead manager in connection with a $50 million public offering of common stock by NanoString Technologies, Inc.

J.P. Morgan and UBS Investment Bank acted as Joint Book-Running Managers; Baird acted as Lead Manager on the transaction.

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 included partner Bruce K. Dallas (Picture), associates Jeffrey C. Lau, Katherine Schloss Ackerman and Billie Solomon. Associate Jason J. Bang provided intellectual property and technology advice. The tax team included partner Rachel D. Kleinberg.

Involved fees earner: Bruce Dallas – Davis Polk & Wardwell; Jeffrey Lau – Davis Polk & Wardwell; Katherine Schloss Ackerman – Davis Polk & Wardwell; Billie Solomon – Davis Polk & Wardwell; Jason Bang – Davis Polk & Wardwell; Rachel Kleinberg – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: JP Morgan; UBS Investment Bank; Baird Capital Partners;

Author: Ambrogio Visconti