Nanosphere Inc( NASDAQ: NSPH ) to offer more public shares ! Stock plunged in after hours trade

Nanosphere Inc 

Genetic testing products maker Nanosphere Inc. said Monday that it will publicly offer shares of common stock under a prospectus it filed in September 2009. Stock plunged more than 20 % to $2.31 in after hours trade. 

Piper Jaffray & Co. is acting as the sole book-running manager.
The company plans to use the net proceeds for general corporate purposes and for working capital.
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( Source : Associated Press )
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