Vaxart Announces $40 Million Underwritten Offering of Common Stock
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Vaxart, Inc. (VXRT)
Last vaxart, inc. earnings: 3/19 04:01 pm
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Source: GlobeNewswire
SOUTH SAN FRANCISCO, Calif., June 13, 2024 (GLOBE NEWSWIRE) -- Vaxart, Inc. (“Vaxart”) (Nasdaq: VXRT) today announced an underwritten offering of 50,000,000 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. Gross proceeds to Vaxart from the offering are expected to be $40 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Vaxart. The offering is expected to close on or about June 17, 2024, subject to customary closing conditions. Oppenheimer & Co. is acting as sole bookrunner for the offering. The securities were offered by Vaxart pursuant to an effective shelf registration statement previously filed by Vaxart with the Securities and Exchange Commission (SEC). A prospectus supplement and accompanying prospectus related to the offering will be filed with the SEC, and will be available on the SEC’s website located at http://www.sec.gov. When ava
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VXRT
News
- While institutions invested in Vaxart, Inc. (NASDAQ:VXRT) benefited from last week's 23% gain, retail investors stood to gain the most [Yahoo! Finance]Yahoo! Finance
- Vaxart anticipates funds to extend its cash runway into 2026 [Seeking Alpha]Seeking Alpha
- Vaxart Provides Business Update [Yahoo! Finance]Yahoo! Finance
- Vaxart Provides Business UpdateGlobeNewswire
- Vaxart Bags $453M Worth BARDA-Funded Project, Seeks To Raise $40M Via Equity Offering [Yahoo! Finance]Yahoo! Finance
VXRT
Earnings
- 5/13/24 - Beat
VXRT
Sec Filings
- 6/20/24 - Form 8-K/A
- 6/20/24 - Form 4
- 6/18/24 - Form 8-K
- VXRT's page on the SEC website