09:29 AM EDT, 06/28/2024 (MT Newswires) -- Savara (SVRA) said Friday it has priced an underwritten offering of its roughly 26.2 million common shares at $3.81 apiece for gross proceeds of about $100 million.

The offering will likely be completed on July 1, the company said.

Savara's shares were up over 5% in recent Friday premarket activity.

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