Ignyta sells $46.44 million of common stock through private placement

Drug development company sells 7,740,142 common shares at $6.00 apiece

By Devika Patel

Knoxville, Tenn., Nov. 7 - Ignyta, Inc. settled a $46.44 million private placement of stock on Nov. 6, according to an 8-K filed Thursday with the Securities and Exchange Commission. The deal priced Nov. 1.

The company sold 7,740,142 common shares at $6.00 per share.

The drug development company is based in San Diego.

Issuer:	Ignyta, Inc.
Issue:	Common stock
Amount:	$46,440,852
Shares:	7,740,142
Price:	$6.00
Warrants:	No
Pricing date:	Nov. 1
Settlement date:	Nov. 6
Stock exchange:	OTCBB: IGASD

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