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Novavax to raise $200 million through stock offering to fund COVID-19 vaccine

Novavax Inc said on Monday it would raise fresh capital through a $200 million preferred stock offering as it races to develop a vaccine for the new coronavirus, sending its shares up 10.5%. [Source]

Publication Date:

Origin: reuters.com

Category: healthNews

Topics: vaccine, offering, stock, through, million, raise, Novavax, shares, sending, coronavirus, develop, races, preferred, capital, fresh, would, COVID-19

Source: http://feeds.reuters.com/~r/reuters/healthNews/~3/NbA2yzr2ZoI/novavax-to-raise-200-million-through-stock-offering-to-fund-covid-19-vaccine-idUSKBN23M2C7