Thursday, May 24, 2007

RPT-UPDATE 1-Helicos cuts IPO offering price again to $9/shr

(Reuters) - On Wednesday, the company had cut the expected price for
5.4 million shares to $10 to $11 per share from a previous
estimate of $13 to $15.




In a filing with the U.S. Securities and Exchange
Commission on Thursday, the company said net proceeds, after
expenses, will decrease to about $43.2 million, as a result of
the $9 per share offering price.


Read more at Reuters.com Government Filings News

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