Hookipa Pharma slips on equity offering

• Hookipa Pharma (NASDAQ:HOOK) has slumped ~20% after-hours on announcing a public offering of common stock and non-voting convertible preferred stock.
• Other terms of the offering were not disclosed.
• Underwriters will be granted a 30-day option to purchase up to an additional 15% of the shares of common stock issued in the offering, including the shares of common stock underlying the non-voting Series A convertible preferred stock.