Seeking Alpha

Inovio Pharmaceuticals (INO) plummets 20.3% to $0.55 after pricing an offering of 27.4M shares,...

Inovio Pharmaceuticals (INO) plummets 20.3% to $0.55 after pricing an offering of 27.4M shares, and warrants to purchase up to 13.69M shares, at a combined price of $0.55/share and related warrant. The warrants are exercisable at $0.7936/share and will expire in 5 1/2 years. The net proceeds of the fundraising are $14M. (PR)
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Comments (2)
  • joe kelly
    , contributor
    Comments (1799) | Send Message
     
    Glad it's finally out of the way. We were warned months ago. Will increase my position now.
    7 Mar 2013, 08:26 AM Reply Like
  • NoPayment87Cadillac
    , contributor
    Comments (4) | Send Message
     
    Just a little bit of a bee sting when I woke up.... But this "greenie" is in it for the long haul. Another learning experience. Staying positive today.
    7 Mar 2013, 10:53 AM Reply Like
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