Inovio Pharma (INO) to Offer $150M in Common Stock

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Go back to Inovio Pharma (INO) to Offer $150M in Common Stock

INOVIO Announces Proposed Public Offering of Common Stock

January 20, 2021 4:30 PM EST

PLYMOUTH MEETING, Pa., Jan. 20, 2021 /PRNewswire/ -- INOVIO Pharmaceuticals, Inc. (Nasdaq: INO), a biotechnology company focused on bringing to market precisely designed DNA medicines to treat and protect people from infectious diseases, including COVID-19, cancer and HPV-associated diseases, today announced that it has commenced an underwritten public offering of $150 million of shares of its common stock.  All of the shares are being offered by INOVIO. In addition, INOVIO intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the number of shares of common stock... More