other material
confidence high
sentiment neutral
materiality 0.80
Savara prices $130M public offering of common stock and pre-funded warrants at $4.20/share
Savara Inc
- 23.8M shares at $4.20/share and 7.1M pre-funded warrants at $4.199/warrant for gross proceeds of $130M.
- Underwriters granted 30-day option to purchase up to an additional 4.6M shares.
- Proceeds to fund clinical development and regulatory approval of MOLBREEVI, plus commercialization and launch prep in US and EU.
- Offering expected to close October 31, 2025, subject to customary conditions.
- Jefferies, Piper Sandler, and Guggenheim Securities are joint book-running managers.