secwatch.observer — SEC 8-K summary
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Issuer:     Vaxart, Inc. (VXRT)
CIK:        0000072444
Form:       8-K
Filed at:   2023-06-08T23:59:59+00:00
Accession:  0001437749-23-016984
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vaxart prices $15M public offering of 16M shares; net ~$13.6M
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- Offering of 16M shares of common stock at $0.9375 per share for gross proceeds of $15M.
- Net proceeds expected ~$13.6M (or ~$15.7M if underwriter's 30-day option fully exercised).
- Underwriter Cantor Fitzgerald granted a 30-day option to purchase up to 2.4M additional shares.
- Proceeds to be used for clinical/preclinical development, manufacturing, and general corporate purposes.
- Offering expected to close June 9, 2023, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72444/000143774923016984/0001437749-23-016984-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72444/000143774923016984/vxrt20230608_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-016984

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer