Vaccinex raises ~$1.5M via public offering of 193K shares and warrants

VACCINEX, INC.

Offering combines 193,000 common shares with warrants to purchase equivalent shares at $7.77 per unit.
Gross proceeds of approximately $1.5 million; closing expected on March 28, 2024.
Company prohibited from issuing or announcing new equity for 90 days post-close, with exceptions for insider/charity offerings up to $3M total.
Prior at-the-market offering under Sale Agreement terminated effective March 26, 2024.

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