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Stock impact report

Vaxxinity Issues Shareholder Letter

Vaxxinity, Inc. (VAXX) 
Company Research Source: GlobeNewswire
CAPE CANAVERAL, Fla., April 19, 2024 (GLOBE NEWSWIRE) -- Vaxxinity, Inc. (“Vaxxinity”, “we”, “us” or the “Company”) (Nasdaq: VAXX), a U.S. company pioneering the development of a new class of medicines, today announced issued a letter to shareholders from its Co-founder and Executive Chairman, Lou Reese and Chief Executive Officer, Mei Mei Hu. To Shareholders of Vaxxinity, Inc.: Earlier today, we announced that we are delisting and deregistering our shares. A few weeks from now, we will no longer be publicly traded on the NASDAQ exchange. It is important to share why we made this decision to “go dark” and why we believe it is in the best interests of the company and our shareholders over the longer-term. Being a public company is very expensive and incredibly time-consuming. Choosing to go public is a path many pursue primarily to obtain access to greater institutional pools of capital. Since the company’s IPO in November 2021, the capital markets have been uniquely and historic Show less Read more
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