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Stock impact report

Vaxart Announces Pricing of $8 Million Underwritten Public Offering

Vaxart, Inc. (VXRT) 
Last vaxart, inc. earnings: 3/19 04:01 pm Check Earnings Report
Company Research Source: GlobeNewswire
SOUTH SAN FRANCISCO, Calif., Sept. 26, 2019 (GLOBE NEWSWIRE) -- Vaxart, Inc. (Nasdaq: VXRT), a clinical-stage biopharmaceutical company focused on the development of oral recombinant vaccines based on its proprietary oral vaccine platform, today announced the pricing of an underwritten public offering of 26,666,667 shares of common stock (which includes pre-funded warrants to purchase up to an aggregate of 4,100,000 shares of common stock in lieu thereof), and common warrants to purchase up to an aggregate of 26,666,667 shares of common stock. Each share of common stock and, as applicable, pre-funded warrant is being sold together with a common warrant to purchase one share of common stock at a combined effective price to the public of $0.30. Each common warrant will have an exercise price of $0.30 per share, be exercisable immediately and will expire five years from the date of issuance. The gross proceeds of the offering are expected to be approximately $8.0 million assuming full Show less Read more
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