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DewDiligence

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DewDiligence

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Re: oc631 post# 251789

Saturday, 05/11/2024 2:46:04 PM

Saturday, May 11, 2024 2:46:04 PM

Post# of 253561

NVAX—They filed their 10-Q and the 8-K for their earnings release yet what's notably absent is the 8-K announcing the SNY deal…

The SNY deal is discussed at length in the 10-Q. Edit: I noticed that you menitoned this in a subsequent post.

Anyone think there will be a follow-on offering on Monday?

Possible but unlikely, IMO. The $569M of cash received from SNY (including $69M from SNY’s purchase of 6.9M NVAX shares @$10.00) should provide ample liquidity.

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

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