Underwriters exercise over-allotment option in NeoGenomics offering

|About: NeoGenomics Inc. (NEO)|By:, SA News Editor

NeoGenomics (NASDAQ:NEO) announces that the underwriters of its recent stock offering have exercised their option for an additional 1.05M shares of common stock at $4.60 per share. Net proceeds of the offering now total ~$34.6M which will be used for working capital, capex and general corporate purposes.