Aptevo Therapeutics (APVO) Prices 3.4M Share Offering at $1.35/sh

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Go back to Aptevo Therapeutics (APVO) Prices 3.4M Share Offering at $1.35/sh

Aptevo Therapeutics Announces Pricing of $4.6 Million Public Offering

April 11, 2024 8:02 AM EDT

SEATTLE, WA / ACCESSWIRE / April 11, 2024 / Aptevo Therapeutics Inc. (NASDAQ: APVO), a clinical-stage biotechnology company focused on developing novel immune-oncology therapeutics based on its proprietary ADAPTIR" and ADAPTIR-FLEX" platform technologies, today announced the pricing of a public offering of (i) 3,400,000 shares of its common stock or pre-funded warrants in lieu thereof and (ii) warrants to purchase up to an aggregate of 6,800,000 shares of its common stock (the "Common Warrants") at a purchase price of $1.35 per share and associated Common Warrant. Each share of common stock is being offered together with two Common... More