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Replies to #9 on Vaxcyte Inc (PCVX)
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DewDiligence

01/13/22 2:45 AM

#10 RE: DewDiligence #9

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.