Inovio Pharma (INO) Prices 17.7M Share Common Offering at $8.50/Sh

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Go back to Inovio Pharma (INO) Prices 17.7M Share Common Offering at $8.50/Sh

INOVIO Announces Pricing of Public Offering of Common Stock

January 20, 2021 10:09 PM EST

PLYMOUTH MEETING, Pa., Jan. 20, 2021 /PRNewswire/ -- INOVIO Pharmaceuticals, Inc. (Nasdaq: INO), a biotechnology company focused on bringing to market precisely designed DNA medicines to treat and protect people from infectious diseases, including COVID-19, cancer and HPV-associated diseases, today announced the pricing of an underwritten public offering of 17,700,000 shares of its common stock at a public offering price of $8.50 per share. In addition, INOVIO has granted the underwriters a 30-day option to purchase up to an additional 2,655,000 shares of common stock at the public offering price, less underwriting discounts and commissions. Gross proceeds to INOVIO from the... More