We provide the latest news
from the world of economics and finance
(RTTNews) - Vaxart Inc. (VXRT) announced an underwritten offering of 50 million 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.
The company expects gross proceeds from the offering to be $40 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the company.
The offering is expected to close on or about June 17, 2024.
Oppenheimer & Co. is acting as sole bookrunner for the offering.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© 2024 Lime Trading (CY) Ltd
Lime Trading (CY) Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission in accordance with license No.281/15 issued on 25/09/2015. The "Just2Trade" trademark is owned by LimeTrading (CY) Ltd.
Registration Number: HE 341520
Address: Lime Trading (CY) Ltd
Magnum Business Center, Office 4B, Spyrou Kyprianou Avenue 78
Limassol 3076, Cyprus
Disclaimer:
All promotions, materials and information of this website may have applied conditions. Please contact the Company for further details
Trading on financial markets carries risks. The value of the investments can both increase and decrease and the investors may lose all their investment capital. In case of a leveraged product, the loss may be more than the initial capital invested. Detailed information on risks associated with trading on financial markets can be found in General Terms and Conditions for the Provision of Investment Services.