VBI Vaccines Announces Proposed Public Offering of Common Shares

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VBI Vaccines (VBIV) Prices 45.45M Share Common Stock Offering at $1.10/sh

April 22, 2020 9:13 AM EDT

VBI Vaccines Inc. (Nasdaq: VBIV) (VBI or the Company), a commercial-stage biopharmaceutical company developing next-generation infectious disease and immuno-oncology vaccines, today announced the pricing of its previously announced underwritten public offering of 45,454,545 common shares, at a public offering price of US$1.10 per share. VBI also granted the underwriters a 30-day option to purchase up to an additional 6,818,181 common shares at the public offering price less underwriting discounts... More