Davis Polk advised the joint book-running managers in connection with a $216.2 million public offering of 5,750,000 shares of common stock by NanoString Technologies, Inc., 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 included partner Alan F. Denenberg 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. Members of the Davis Polk team are based in the Northern California and New York offices.