VXRT - Vaxart Bags $453M Worth BARDA-Funded Project Seeks To Raise $40M Via Equity Offering | Benzinga
Vaxart, Inc. (NASDAQ:VXRT) shares traded higher in the premarket session on Friday, up more than 23% at one point.
Vaxart’s average session volume was about 1.6 million. Friday premarket’s session volume had exceeded four million at the time of writing.
Yesterday, Vaxart obtained a project award worth $453 million through the Rapid Response Partnership Vehicle, supported by the Biomedical Advanced Research and Development Authority under the Administration for Strategic Preparedness and Response within the U.S. Department of Health and Human Services.
The funding from the award will be disbursed in two installments, with an initial ...