financetom
Business
financetom
/
Business
/
Vaxcyte Closes $1.5 Billion Offering of Shares, Warrants
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Vaxcyte Closes $1.5 Billion Offering of Shares, Warrants
Sep 6, 2024 2:22 PM

04:51 PM EDT, 09/06/2024 (MT Newswires) -- Vaxcyte ( PCVX ) said Friday it closed an underwritten public offering of about 12.1 million in common shares at $103 apiece and pre-funded warrants to buy about 2.4 million shares at $102.999 per warrant, for gross proceeds of $1.5 billion.

This includes the underwriters fully exercising their option to buy up to 1.9 million additional shares of common stock at the public offering price, minus underwriting fees.

Price: 111.65, Change: +0.07, Percent Change: +0.06

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Reddit says Nokia accused it of patent infringement
Reddit says Nokia accused it of patent infringement
Mar 19, 2024
March 19 (Reuters) - Reddit said on Tuesday it had received a letter from Nokia Technologies accusing the social media platform of patent infringement. (Reporting by Niket Nishant in Bengaluru; Editing by Arun Koyyur) ...
Xpeng forecast quarterly revenue below estimates as market competition bites
Xpeng forecast quarterly revenue below estimates as market competition bites
Mar 19, 2024
March 19 (Reuters) - Chinese electric vehicle maker Xpeng ( XPEV ) forecast first-quarter revenue below market expectations on Tuesday as a sluggish economy and stiff competition weighs on vehicle demand. The company expects first quarter revenue between 5.8 billion yuan ($805.67 million) and 6.2 billion yuan, compared with estimates of 11.37 billion yuan, according to LSEG data. EV demand...
Israeli gas exports to Egypt from Leviathan field jumped in 2023 -NewMed
Israeli gas exports to Egypt from Leviathan field jumped in 2023 -NewMed
Mar 19, 2024
JERUSALEM, March 19 (Reuters) - Natural gas exports from Israel's offshore Leviathan field to Egypt jumped by 28% in 2023, and production at the site is due increase in late 2025, NewMed Energy said on Tuesday. The company also reported a drop in fourth quarter profit. NewMed, the largest stakeholder in the huge Leviathan field, said overall sales from the...
Titanium Transportation Group's Q4 Profit Drops, Revenue Rises; Provides Outlook
Titanium Transportation Group's Q4 Profit Drops, Revenue Rises; Provides Outlook
Mar 19, 2024
06:15 AM EDT, 03/19/2024 (MT Newswires) -- Titanium Transportation Group Inc. ( TTNMF ) , a provider of transportation and logistics services throughout North America, that saw its shares gain near 5% yesterday, overnight Monday reported a fourth-quarter net income of $1.4 million, or $0.03 per share, down from $4.8 million, or $0.11 per share, a year earlier. Revenue for...
Copyright 2023-2026 - www.financetom.com All Rights Reserved