Aravive Inc. (ARAV) Prices 3.33M Share Common Offering at $7.50/Sh

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Go back to Aravive Inc. (ARAV) Prices 3.33M Share Common Offering at $7.50/Sh

Aravive Announces Pricing of Public Offering of Common Stock

November 27, 2019 8:30 AM EST

HOUSTON, Nov. 27, 2019 (GLOBE NEWSWIRE) -- Aravive, Inc. (Nasdaq: ARAV), (Aravive) a clinical-stage biopharmaceutical company developing treatments designed to halt the progression of life-threatening diseases, including cancer and fibrosis, today announced the pricing of its previously announced underwritten public offering of 3,333,334 shares of its common stock at a public offering price of $7.50 per share.  Aravive expects to receive gross proceeds of approximately $25 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by Aravive.

In connection with this offering, Aravive has granted the... More