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on Sequenom, Inc.

Publication: M2 Presswire
Publication Date: 31-MAY-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 May 2006-marketgainer.com: on Sequenom, Inc(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:31052006

Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Today's activity on the Nasdaq exchange has brought Sequenom, Inc (NASDAQ:SQNM) to the attention of our research team. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer.

Shares increase $.05 to a high of $.63 on the Nasdaq Wednesday. Momentum comes as Sequenom, Inc. announced that its stockholders have approved the Company's private placement financing to raise gross proceeds of $33 million through commitments from ComVest Investment Partners II LLC ("Comvest"), Pequot Private Equity Fund IV, L.P. ("Pequot"), LB I Group, Inc. (an affiliate of Lehman Brothers), and Siemens Venture Capital GmbH. The terms of the private placement have been previously announced. The financing is subject...

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