NimbleGen files for initial offering
By JOEL DRESANG
jdresang@journalsentinel.com
Posted: March 19, 2007
NimbleGen Systems Inc. has become the second Madison technology company in two months to file for an initial public stock offering through federal regulators.
The maker of chips used in genetic research has not yet determined the number of shares it will offer or the price range. NimbleGen has requested that its stock be listed on the Nasdaq exchange under the symbol NMBL.
In its prospectus with the Securities and Exchange Commission, NimbleGen says its proprietary technologies and services are useful for analyzing genome variation, which it says has scientific and commercial applications in developing diagnostics, therapeutics and agricultural products.