Novavax Announces Proposed Public Offering of Common Stock

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Go back to Novavax Announces Proposed Public Offering of Common Stock

Novavax (NVAX) Prices 24.14M Common Offering at $7.25/Share

March 26, 2015 8:04 AM EDT

Novavax (NASDAQ: NVAX) announced that it has priced an underwritten public offering of 24,137,931 shares of common stock at a price to the public of $7.25 per share for gross proceeds of approximately $175 million. Novavax expects to receive net proceeds, after deducting the underwriting discount, of approximately $165 million from the... More