Zymeworks (ZYME) Prices 4.925M Share Offering at $46.50/Share

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After-Hours Stock Movers 01/21: (NAVI) (CIT) (IBM) Higher; (NVAX) (BPMC) (ADAP) Lower (more...)

January 21, 2020 5:41 PM EST

Today's After-Hours Stock Movers:

Novavax (NASDAQ: NVAX) 15.2% LOWER; files prospectus supplement relates to the issuance and sale of up to $100,000,000 of our common stock from time to time through or to our sales agent, B. Riley FBR, Inc., or BRFBR

Navient (NASDAQ: NAVI) 6.2% HIGHER; reported Q4 EPS of $0.67, $0.10 better than the analyst estimate of $0.57.

CIT Group Inc. (NYSE: CIT) 5.8% HIGHER; will replace Tanger Factory Outlet... More

Zymeworks (ZYME) to Offer Common Stock and Pre-Funded Warrant

January 21, 2020 4:17 PM EST

Zymeworks Inc. (NYSE: ZYME) filed a preliminary prospectus supplemen to its Canadian short form base shelf prospectus dated November 18, 2019 in connection with an offering of its common shares and, in lieu of common shares to a certain investor, pre-funded warrants to purchase its common shares. The Canadian Supplement was filed with the securities regulatory authorities in each of the provinces and territories of Canada. A preliminary prospectus supplement was also filed with the U.S. Securities and Exchange Commission as part of an automatic shelf registration statement on Form S-3ASR,... More