MedWatch

Bavarian Nordic finds buyers for accelerated share offering

Bavarian Nordic announces that the price tag reads DKK 268 (USD 40.7) per share and that buyers have already been found for the accelerated bookbuild, which was announced on Monday.

Photo: Philip Davali/Ekstra Bladet, Philip Davali

Bavarian Nordic has found buyers for the directed issues, which were offered in an accelerated bookbuild, as reported by Bloomberg News.

The new shares are expected to be sold at DKK 268 (USD 40.7) per share, which should be considered next to Bavarian Nordic's closing price at DKK 278.6 (USD 42.3) on Monday, having fallen by almost 7.6 percent throughout the day.

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