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ALXO - ALX Oncology files for $450 mixed shelf offering
ALX Oncology Holdings Inc.
ALX Oncology Holdings (NASDAQ:ALXO) has filed for a $450M mixed shelf offering. The filing does not necessarily indicate that a sale has begun, or will occur in the future. The company will indicate how it will use the proceeds in a prospectus supplement. The offering can include common stock, preferred stock, purchase contracts, units, and warrants. Read why Seeking Alpha contributor Avisol Capital Partners says that ALX Oncology (ALXO) is a hold.