Interpace Diagnostics Group, Inc. (IDXG), a fully integrated commercial company that provides clinically useful molecular diagnostic tests and pathology services, today announced the closing of its previously announced underwritten public offering of 1,200,000 shares of common stock at a public offering price of $3.00 per share, as well as 108,000 additional shares of common stock pursuant to the exercise in full of the over-allotment option granted to the underwriters.
The gross proceeds to the Company from this offering, including proceeds from the exercise of the over-allotment option, were approximately $3.9 million, before deducting underwriting discounts and commissions and other offering expenses.
Maxim Group LLC acted as sole book-running manager for the offering. Roth Capital Partners acted as financial advisor to Interpace.
About Interpace Diagnostics Group, Inc.
Interpace provides clinically useful molecular diagnostic tests and pathology services for evaluating risk of cancer by leveraging the latest technology in personalized medicine for better patient diagnosis and management. The Company currently has three commercialized molecular tests: PancraGen®, for the evaluation of pancreatic cysts and assessment of risk of concomitant or subsequent cancer; ThyGenX®, for the diagnosis of thyroid cancer from thyroid nodules utilizing a next generation sequencing assay; and ThyraMIR®, for the diagnosis of thyroid cancer from thyroid nodules utilizing a proprietary gene expression assay. Interpace's mission is to provide personalized medicine through molecular diagnostics and innovation to advance patient care based on rigorous science.










