Vaxcyte Announces Closing of $690 Million Public Offering Including Full Exercise of Underwriters’ Option to Purchase Additional Shares
This includes the exercise in full by the underwriters of their option to purchase up to 2,812,500additional shares of common stock at the public offering price per share, less underwriting discounts and commissions.
- This includes the exercise in full by the underwriters of their option to purchase up to 2,812,500additional shares of common stock at the public offering price per share, less underwriting discounts and commissions.
- The aggregate gross proceeds to Vaxcyte from this offering were approximately$690.0 million, before deducting underwriting discounts and commissions and other offering expenses payable by Vaxcyte.
- BofA Securities, Jefferies, SVB Securities, Evercore ISI and Guggenheim Securities acted as joint book-running managers for the offering.
- Vaxcyte is driven to eradicate or treat invasive bacterial infections, which have serious and costly health consequences when left unchecked.