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Stock impact report

Advaxis Announces Closing of Its Public Offering of Common Stock and Warrants

Advaxis, Inc. (ADXS) 
Last advaxis, inc. earnings: 9/9 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.advaxis.com
Company Research Source: Business Wire
Common stock and warrants were sold together in fixed combination at $1.20 per unit, totaling approximately $20 million in gross proceeds PRINCETON, N.J.--(BUSINESS WIRE)--  Advaxis, Inc. (NASDAQ: ADXS) (“Advaxis” or the “Company”) announced today the closing of its previously announced underwritten public offering of 16,666,666 shares of its common stock and warrants to purchase up to 14,166,666 shares of common stock. Each share of common stock was sold together in a fixed combination with a warrant to purchase 0.85 shares of common stock at a combined offering price of $1.20 per share and related warrant. The warrants will be exercisable immediately, will expire six years from the date of issuance and will have an exercise price of $1.50 per share, subject to anti-dilution adjustments. The gross proceeds of the offering were approximately $20 million, before deducting the underwriting discounts and co Show less Read more
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