Immunic Inc. (IMUX) Announces Proposed Public Offering of 5 Million Shares of Common Stock

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Immunic, Inc. Announces Proposed Public Offering of 5 Million Shares of Common Stock

August 3, 2020 4:16 PM EDT

NEW YORK, Aug. 3, 2020 /PRNewswire/ -- Immunic, Inc. (Nasdaq: IMUX), a clinical-stage biopharmaceutical company developing a pipeline of selective oral immunology therapies aimed at treating chronic inflammatory and autoimmune diseases, today announced that it intends to offer and sell 5 million shares of its common stock in an underwritten public offering. In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase up to an additional 750,000 shares of its common stock. The offering is subject to market and other conditions, and... More