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Maxeon (MAXN) Prices $125M Share Offering at $18/Sh

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Pre-Open Movers 04/15: (INO) (DELL) (GBX) Higher; (NSPR) (MAXN) (PPD) Lower (more...)

April 15, 2021 9:31 AM EDT

Today's Pre-Open Stock Movers:

INOVIO (NASDAQ: INO) 12.4% HIGHER; announced the results of a study focusing on the human immune responses induced by INOVIO's DNA vaccine candidate for COVID-19, INO-4800, against variants of concern. The results showed that INO-4800 induced a robust T cell response against all spike protein variants tested, which the company believes will be key in providing protection against SARS-CoV-2 variants, in addition to providing similar levels of neutralizing... More

Maxeon (MAXN) Announces $125M Public Offering of Ordinary Shares

April 14, 2021 5:05 PM EDT

Maxeon Solar Technologies, Ltd. (Maxeon) (NASDAQ: MAXN) today announced that it is offering to sell, subject to market and other conditions, $125,000,000 of ordinary shares through an underwritten public offering. Maxeon also intends to grant the underwriters an option, exercisable for 30 days after the date of the final prospectus supplement, to purchase up to an additional $18,750,000 of ordinary shares offered in... More