Item 7.01. Regulation FD Disclosure.
After the close of trading on Friday, March 15, 2013, an executive officer of
LipoScience, Inc. (the "Company"), after responding to a call from a securities
analyst regarding recent declines in the Company's stock, communicated with
three securities analysts the officer's belief regarding reasons for recent
declines in the market price of the Company's common stock. The executive
officer's statements indicated the Company's belief that certain of the
Company's stockholders who were holders of Series A, B and C preferred stock
prior to the Company's initial public offering in January 2013 had begun to sell
their shares. These particular stockholders were not subject to the lockup
agreement in connection with the Company's initial public offering. The
executive officer noted that during the past month, and during the last two
weeks in particular, the Company's in-house legal counsel had issued 12 opinion
letters to the Company's transfer agent authorizing the removal of restrictive
legends on the shares pursuant to Rule 144 under the Securities Act of 1933, as
amended, in order to allow the shares to be released for potential resale. The
Company estimated that the number of shares released from restriction thus far
aggregated to between 80,000 and 100,000. In addition, the executive officer
conveyed the Company's expectation that it will issue a new Rule 144 opinion
covering approximately 60,000 shares in the next week that it expects to be sold
shortly thereafter. The Company understands that the individual stockholder
holding these shares has pledged these shares to an institution that is likely
to sell them quickly. The Company believes that these sales by long-time
stockholders who were not subject to lockup restrictions have put pressure on
the price of its stock, particularly given its low trading volume.