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home / news releases / ALVR - AlloVir plans for $75M stock offering

ALVR - AlloVir plans for $75M stock offering

AlloVir Inc.

2023-06-21 16:36:58 ET

  • AlloVir ( NASDAQ: ALVR ) said Wednesday it plans to undertake a public offering of $75 million of its common stock.

  • Underwriters have a 30-day option to purchase up to an additional 15% of the shares being offered.

  • All of the shares in the proposed offering are to be sold by the company.

  • J.P. Morgan, Morgan Stanley, and BofA Securities are acting as joint book-running managers for the proposed offering.

  • The pricing details of the offering were not disclosed.

  • Press Release .

  • Shares -19.9% at $3.95 after hours.

For further details see:

AlloVir plans for $75M stock offering
Stock Information
Company Name: AlloVir Inc.
Stock Symbol: ALVR
Market: NASDAQ
Website: allovir.com
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