INO — Inovio Pharmaceuticals, Inc. - Common Stock
Session close: $1.22. Regular-session share volume: 33,607,710. Change from previous close: -16.21%.
Key developments
Inovio priced an underwritten public offering of roughly seventy-five million dollars, consisting of common shares and pre-funded warrants, with an underwriter option for additional shares. The offering is expected to close in early November, subject to customary conditions, and all securities are being sold directly by the company.
Company mentioned — Mentions INO in the article text. INOVIO Announces Pricing of Approximately $75 Million Public Offering · Company mentioned — Mentions INO in the article text. INOVIO Announces Pricing of Approximately $75 Million Public Offering
The offering followed the company's announcement of its intention to sell shares, and the pricing drove the stock sharply lower in Friday trading. The capital raise dilutes existing holders at the offering price.
Company mentioned — Mentions INO in the article text. Inovio stock tumbles 25% on $75M share offering · Company mentioned — Mentions INO in the article text. INOVIO Announces Proposed Public Offering of its Common Stock
Inovio appeared among healthcare decliners in both the prior after-market session and Friday's pre-market session, alongside other small-cap health care names.
Market context — Mentions INO in the article text. 12 Health Care Stocks Moving In Friday's Pre-Market Session · Market context — Mentions INO in the article text. 12 Health Care Stocks Moving In Thursday's After-Market Session
News sources
Company news INOVIO Pharmaceuticals Commences Common Stock Offering; No Terms Disclosed · Market context — Mentions INO in the article text. 12 Health Care Stocks Moving In Friday's Pre-Market Session · Market context — Mentions INO in the article text. 12 Health Care Stocks Moving In Thursday's After-Market Session · Company mentioned — Mentions INO in the article text. Inovio stock tumbles 25% on $75M share offering · Company mentioned — Mentions INO in the article text. INOVIO Announces Pricing of Approximately $75 Million Public Offering · Company mentioned — Mentions INO in the article text. INOVIO Announces Pricing of Approximately $75 Million Public Offering · Company mentioned — Mentions INO in the article text. INOVIO Announces Proposed Public Offering of its Common Stock