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AveXis (AVXS) to Offer 4M Shares of Common Stock

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AveXis Announces Proposed Public Offering of 4,000,000 Shares of Common Stock

September 6, 2016 4:00 PM EDT

CHICAGO, Sept. 06, 2016 (GLOBE NEWSWIRE) -- AveXis, Inc. (NASDAQ: AVXS) today announced that it intends to offer and sell, subject to market conditions, 3,566,474 shares of its common stock in an underwritten public offering. Additionally, PBM Capital Investments, LLC, an existing stockholder of AveXis, intends to offer and sell 433,526 shares in the proposed offering. AveXis will not receive proceeds from the sale of the shares by the selling stockholder. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be... More