NanoString Technologies Inc (NASDAQ:NSTG) shares are trading higher by 124.3% to $0.26 Friday afternoon after the company announced it secured a credit agreement with its existing lenders, consisting of $12.5 million in new term loans already approved for funding and an additional $35 million to be funded upon court approval.
This totals $47.5 million, an increase from the initial commitment of $40 million. The financing aims to support the company through its restructuring process and sustain its ongoing operations, including ...
NSTG) Stock Is Popping Off>Full story available on Benzinga.com