INOVIO Announces Pricing of Approximately $75 Million Public Offering
Key Highlights
- ➤INOVIO prices 58,747,235 shares at $1.05 each
- ➤INOVIO prices pre-funded warrants for 12,681,337 shares at $1.049 each
- ➤Offering expected to raise approximately $75 million before expenses
- ➤Underwriters receive option for 10,714,285 additional shares
- ➤Offering expected to close on or about November 9, 2026
INOVIO Announces Pricing of Approximately $75 Million Public Offering PR Newswire
PLYMOUTH MEETING, Pa., Nov. 5, 2026 /PRNewswire/ -- INOVIO Pharmaceuticals, Inc. (Nasdaq: INO), a biotechnology company focused on developing and commercializing DNA medicines to help treat and protect people from HPV-related diseases, cancer, and infectious diseases, today announced the pricing of an underwritten public offering of 58,747,235 shares of its common stock at a public offering price of $1.05 per share of common stock and pre-funded warrants to purchase 12,681,337 shares of common stock at an offering price of $1.049 per pre-funded warrant, in each case before underwriting discounts and commissions. INOVIO also granted the underwriters an option for a period of 30 days to purchase up to 10,714,285 additional shares of the Company's common stock at the public offering price, less the underwriting discounts and commissions. All of the securities in the offering are being sold by INOVIO. The offering is expected to close on or about November 9, 2026, subject to the satisfaction of customary closing conditions.
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