Virpax Pharmaceuticals (VRPX) Prices 6.67M Share Offering at $6/sh

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Virpax® Pharmaceuticals Announces Pricing of $40 Million Public Offering of Common Stock

September 14, 2021 9:05 AM EDT

BERWYN, Pa.--(BUSINESS WIRE)-- Virpax® Pharmaceuticals Inc. (Virpax or the Company) (NASDAQ: VRPX), a company specializing in developing pharmaceutical products for pain management, today announced the pricing of an underwritten public offering of 6,670,000 shares of its common stock at a public offering price of $6.00 per share, for gross proceeds of $40,020,000 million, before deducting underwriting discounts and offering expenses. In addition, Virpax has granted the underwriters a 45-day option to purchase up to an additional 1,000,500 shares of common stock to cover over-allotments at the public offering price, less the underwriting... More