American vaccine development company Novavax announced on Monday that it would raise fresh capital through a $200 million preferred stock offering. The move is to help the company rush to develop a vaccine for the new coronavirus. Shares of Novavax were up 10.5% on the news. The private placement to investment fund RA Capital Management … Continue reading “Novavax to Raise Capital through $200M Stock Offering to Fund COVID-19 Vaccine”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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