Axovant (AXGT) Prices 14.03M Share Common Offering at $3.75/Sh

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Go back to Axovant (AXGT) Prices 14.03M Share Common Offering at $3.75/Sh

Axovant Gene Therapies Announces Pricing of $65 Million Public Offering

February 19, 2020 10:10 PM EST

NEW YORK and BASEL, Switzerland, Feb. 19, 2020 (GLOBE NEWSWIRE) -- Axovant Gene Therapies Ltd. (Nasdaq: AXGT) ("Axovant") today announced the pricing of its underwritten public offering of 14,031,336 of its common shares at a price to the public of $3.75 per share. In addition, and in lieu of common shares, Axovant is offering to certain investors pre-funded warrants to purchase 3,301,998 common shares at a purchase price of $3.74999 per pre-funded warrant, which represents the per share public offering price for the common shares, minus the $0.00001 per share exercise price of each such pre-funded warrant. The... More