Sequenom Announces $30 Million Private Placement

Sequenom, Inc. (NASDAQ:SQNM) today announced that it has entered into agreements to issue and sell an aggregate of 3,383,335 shares of its common stock at $9.00 per share to certain investors. The aggregate net proceeds of the private placement, after deducting the placement agents’ fees and estimated offering expenses payable by Sequenom, are expected to be approximately $28 million.

Source: Sequenom, Inc.