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DewDiligence

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DewDiligence

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Re: DewDiligence post# 237743

Thursday, 01/13/2022 2:37:11 AM

Thursday, January 13, 2022 2:37:11 AM

Post# of 257661
PCVX sells 5.075M* shares/prefunded warrants @$20.00—a_15%_discount to Monday’s_closing price of $23.61:

https://www.globenewswire.com/news-release/2022/01/13/2366065/0/en/Vaxcyte-Announces-Pricing-of-100-Million-Public-Offering.html

I've long been a skeptic of this company—see, for instance #msg-163165688.

*Assuming exercise of underwriter’s option.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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