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GenMark Diagnostics prices IPO at $6.00, the low end of the revised range

May 28, 2010

GenMark Diagnostics, which offers a molecular diagnostics testing system to hospitals and labs, raised $28 million by offering 4.6 million shares at $6, the low end of the revised $6-$7 range. The company had originally planned to sell 4.5 million shares at a range of $8-$10. GenMark Diagnostics listed on the NASDAQ under the symbol GNMK Friday afternoon; Piper Jaffray acted as lead manager on the deal.