Cassava Sciences (SAVA) Announces Proposed Public Offering of Common Stock

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Cassava Sciences Announces Proposed Public Offering of Common Stock

November 12, 2020 4:48 PM EST

AUSTIN, Texas, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA) (the Company or Cassava Sciences), a clinical-stage biotechnology company focused on Alzheimers disease, today announced that it is commencing an underwritten public offering of shares of its common stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. The Company expects to grant the underwriters a 30day option to purchase up to an additional 15 percent... More