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Biotech / Medical : Illumina (ILMN) Optics for Genomics
ILMN 122.42+4.7%Nov 5 3:59 PM EST

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To: mopgcw who wrote (76)1/4/2004 1:44:08 AM
From: mopgcw   of 276
 
Illumina to offer up to $65 mln in common stock
Tuesday December 23, 2:43 pm ET

WASHINGTON, Dec 23 (Reuters) - Health products maker Illumina Inc. (NasdaqNM:ILMN - News) filed with the U.S. Securities and Exchange Commission (News - Websites) on Tuesday to offer up to $65 million in common stock.
Net proceeds from the sale will be used for general corporate purposes, which may include research and development, product development and debt repayment, the company said in a shelf registration statement.

Such a filing is designed to give companies advance regulatory permission to sell securities in one or more offerings.

Illumina shares traded 28 cents lower at $6.90 Tuesday afternoon on the Nasdaq stock market.
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