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Vaxcyte Starts $1 Billion Underwritten Public Offering
2024-09-04 04:35
04:35 PM EDT, 09/03/2024 (MT Newswires) -- Vaxcyte (PCVX) said Tuesday it started a $1 billion underwritten public offering of common shares and pre-funded warrants.
The company said it plans to give underwriters a 30-day option to buy up to an additional $150 million of common shares, including those underlying the pre-funded warrants.
Shares of the company were down nearly 1% in recent after-hours activity.
Price: 109.33, Change: -0.82, Percent Change: -0.74
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