HOOK - HOOKIPA Pharma climbs 35% prices $30M offering
2023-06-01 02:06:48 ET
- HOOKIPA Pharma ( NASDAQ: HOOK ) prices an underwritten public offering of ~22.9M common shares and 15,268 shares of its non-voting Series A-2 convertible preferred stock.
- The public offering price of each share of common stock is $1.31 and the public offering price of each share of non-voting Series A-2 preferred stock is $1,310.00 (each share of non-voting Series A-2 preferred stock is convertible into 1,000 shares of common stock).
- Gross proceeds expected are ~$50M.
- The offering is expected to close on June 5, 2023.
- The stock price is up 35% during late hours on Wednesday.
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HOOKIPA Pharma climbs 35%, prices $30M offering