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CYRX - Cryoport launches registered direct stock offering
CryoPort Inc.
Cryoport (NASDAQ:CYRX) trades 3.6% down after hours as it plans to offer shares in a direct placement; offer size, terms not yet disclosed. Net proceeds along with notes offering proceeds to be used for repurchasing a portion of its outstanding 3.00% convertible senior notes due 2025; remaining to be used for general corporate purposes.