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Stock impact report

INOVIO Announces Pricing of Approximately $36 Million Underwritten Offering of Common Stock and Pre-Funded Warrants [Yahoo! Finance]

Inovio Pharmaceuticals, Inc. (INO) 
NASDAQ:AMEX Investor Relations: ir.inovio.com/investors/default.aspx
Company Research Source: Yahoo! Finance
commercializing DNA medicines to help treat and protect people from HPV-related diseases, cancer, and infectious diseases, today announced the pricing of an underwritten offering of 2,536,258 shares of its common stock at an offering price of per share and pre-funded warrants to purchase 2,135,477 shares of its common stock at an offering price of per pre-funded warrant, in each case before underwriting discounts and commissions. Gross proceeds to INOVIO from the offering are expected to be approximately $36 million , before deducting underwriting discounts and commissions and estimated offering expenses payable by INOVIO . The offering is expected to close on or about April 18, 2024 , subject to customary closing conditions. All of the securities are being sold by INOVIO The offering was led by Deep Track Capital. Oppenheimer & Co. and Citizens JMP are acting as joint book-running managers for the offering. The securities were offered by INOVIO pursuant to an effective shelf re Show less Read more
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