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Celldex Therapeutics Announces Proposed Public Offering of Common Stock
CLDXCelldex Therapeutics(CLDX) Newsfilter·2024-02-28 21:01

HAMPTON, N.J., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Celldex Therapeutics, Inc. ("Celldex" or the "Company") (NASDAQ:CLDX) today announced that it is proposing to offer and sell, subject to market conditions, 250.0millionofsharesofitscommonstockinanunderwrittenpublicoffering.Celldexexpectstogranttheunderwritersa30dayoptiontopurchaseuptoanadditional 250.0 million of shares of its common stock in an underwritten public offering. Celldex expects to grant the underwriters a 30-day option to purchase up to an additional 37.5 million of shares of its common stock. All of the shares of common stock are being offered by the Company. The final terms of the ...