Novavax (NVAX) Announces David Mott to Board

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Novavax (NVAX) Raises $200M from Private Placement with RA Capital

June 15, 2020 10:10 AM EDT

Novavax, Inc. (NASDAQ: NVAX) announced that it has entered into an agreement to sell Series A Convertible preferred stock, convertible into 4,388,852 shares of common stock, to an investment fund affiliated with RA Capital Management (RA Capital) in a private placement, at an effective purchase price per share of common stock equal to the June 12, 2020 closing price. Upon... More