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CareDx closes common stock offering

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CareDx closes common stock offering

CareDx Inc. closed its underwritten public offering of 4,992,840 common shares at $4 apiece for expected net proceeds of about $18.3 million.

Shares sold under the offering include 651,240 shares issued upon the full exercise of the underwriters' option to buy additional shares.

Craig-Hallum Capital Group acted as sole book-running manager and H.C. Wainwright & Co. acted as co-manager for the offering.