AVI BioPharma (AVII) Annoucnes Common Stock Offering

March 31, 2011 4:04 PM EDT
AVI BioPharma, Inc. (NASDAQ: AVII) to offer common stock in an underwritten public offering.

AVI BioPharma also expects to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the shares of common stock offered in the public offering to cover over-allotments, if any.

Lazard Capital Markets LLC and Piper Jaffray & Co. are acting as joint book-running managers for the offering.


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