NEW YORK, June 23, 2014 (GLOBE NEWSWIRE) -- Signal Genetics, Inc. (Nasdaq:SGNL) (Signal), a commercial stage, molecular diagnostic company focused on providing innovative diagnostic services that help physicians make better-informed decisions concerning the care of their patients suffering from cancer, today announced the closing of its previously announced initial public offering of 850,000 shares of its common stock at a price to the public of $10.00 per share. Gross proceeds raised by Signal in the offering were $8,500,000, before deducting underwriting discounts and commissions and other estimated offering expenses. Signal has granted the underwriters a 45-day option to purchase up to 127,500 additional shares of common stock to cover over-allotments, if any.
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