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Novavax prices equity offering

Mar. 26, 2015 9:31 AM ETNovavax, Inc. (NVAX) StockNVAXBy: Douglas W. House, SA News Editor4 Comments
  • Novavax (NASDAQ:NVAX) prices its public offering of 24,137,931 shares of common stock at $7.25 per share. Underwriters over-allotment is an additional 3,620,689 shares. Closing date is March 31.
  • Net proceeds of ~$165M will fund the advancement of the company's lead vaccine candidates, other research programs and general corporate purposes.
  • Previously: Novavax initiates equity offering (March 24)

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