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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Thu., Feb. 27, 4:02 PM

Slide #18. PDS Biotechnology Corporation Secondary Offering

Company: PDS Biotechnology Corporation (NASDAQ:PDSB)
Date announced: 2/11/2020
Shares Offered: 9,230,770
Date of Pricing: 2/11/2020
Price Per Share: $1.30
Secondary Offering Details: PDS Biotechnology Corporation ("PDS Biotechnology") (Nasdaq: PDSB), a clinical-stage immuno-oncology company developing multiple therapies based on PDS Biotechnology's proprietary Versamune T-cell activating technology, today announced the pricing of an underwritten public offering consisting of 9,230,770 shares of common stock at a price to the public of $1.30 per share. The gross proceeds to PDS Biotechnology from this offering are expected to be approximately $12,000,000, before deducting underwriting discounts, commissions and other offering expenses. The offering is expected to close on Friday, February 14, 2020, subject to customary closing conditions.

PDS Biotechnology is a clinical stage immuno-oncology company with a pipeline of clinical-stage immunotherapies to treat various early-stage and late-stage cancers, including head and neck cancer, prostate cancer, breast cancer, cervical cancer, anal cancer, and other cancers. All of Co.'s products are based on the proprietary Versamune® platform technology, which activates and directs the human immune system against cancer cells.
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Company Name: 
PDS Biotechnology Corp
Website: 
www.edgetherapeutics.com
Sector: 
Drugs & Pharmaceuticals
Number of ETFs Holding PDSB: 
3
Total Market Value Held by ETFs: 
$45159
Total Market Capitalization: 
$8.00M
% of Market Cap. Held by ETFs: 
0.56%
 

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Strong Buy (4.00 out of 4)
86th percentile
(ranked higher than approx. 86% of all stocks covered)
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