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-0.00446428571428582 -0.00446428571428582 -0.00446428571428582 -0.00892857142857144 0.00892857142857144 -0.00892857142857144 0.00892857142857144 8.92857142857044E-05
Stock impact report

Shares of VBI Vaccines Tumble on Public Offering [The Motley Fool]

VBI Vaccines, Inc. - Ordinary Shares (VBIV) 
Last vbi vaccines, inc. - ordinary shares earnings: 11/6 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: vbivaccines.com/investors
Company Research Source: The Motley Fool
Maxx Chatsko(TMFBlackn)Author BioMaxx has been a contributor to Fool.com since 203. He graduated from the State University of New York College of Environmental Science and Forestry (202) with a Bachelor of Science in Bioprocess Engineering and from Carnegie Mellon University (206) with a Master of Science in Materials Science & Engineering.What happenedShares ofVBI VaccinesNASDAQ:VBIVThe tumbling stock price is a reaction to the offering price of just $.0 per share. Not only is that much lower than recent highs, but it also forced VBI Vaccines to issue a significant number of shares to raise the targeted $50 million (the gross transaction value before accounting for the customary 5% allotment granted to underwriters). The offering could increase the number of shares outstanding by 29% -- roughly aligned with the magnitude of the stock price decline.As of 2:06 p.m. EDT, thesmall-cap stockImage source: Getty Images.So whatA fundraising transaction was all but inevitable for the company Show less Read more
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