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Stock impact report

Aptevo Therapeutics Announces Closing of $4.6 Million Public Offering [Yahoo! Finance]

Aptevo Therapeutics Inc. (APVO) 
Last aptevo therapeutics inc. earnings: 8/9 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.aptevotherapeutics.com/investor-overview
Company Research Source: Yahoo! Finance
novel immune-oncology therapeutics based on its proprietary ADAPTIR™ and ADAPTIR-FLEX™ platform technologies, today announced the closing of its previously announced public offering of (i) 3,400,000 shares of its common stock or pre-funded warrants in lieu thereof and (ii) warrants to purchase up to an aggregate of 6,800,000 shares of its common stock (the "Common Warrants") at a purchase price of $1.35 per share and associated Common Warrant. Each share of common stock is being offered together with two Common Warrants, each to purchase one share of common stock. The Common Warrants have an exercise price of $1.35 per share, are immediately exercisable for a period of five years following the date of issuance. Roth Capital Partners acted as placement agent of the offering. Dawson James Securities, Inc. acted as co-agent. Gross proceeds, before deducting placement agent fees and commissions and offering expenses, were approximately $4.6 million. The company intends to use the net pr Show less Read more
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