Vaxart (VXRT) Announces 50M Share Offering at $0.80/sh
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Vaxart Announces $40 Million Underwritten Offering of Common Stock
June 13, 2024 7:19 PM EDTSOUTH SAN FRANCISCO, Calif., June 13, 2024 (GLOBE NEWSWIRE) -- Vaxart, Inc. (Vaxart) (Nasdaq: VXRT) today announced an underwritten offering of 50,000,000 shares of its common stock at an offering price of $0.80 per share, which is a premium to the last closing price of $0.75 per share. Gross proceeds to Vaxart from the offering are expected to be $40 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Vaxart. The offering is expected to close on or about June 17, 2024, subject to customary closing conditions.
Oppenheimer & Co. is acting as... More
