Dynavax raises $125M in follow-on

Dynavax Technologies Corp. (NASDAQ:DVAX) raised $125 million through the sale of 4.5 million shares at $27.50 in a follow-on underwritten by Cowen; RBC Capital Markets; and William Blair. The company proposed the offering after market close on Tuesday, when its shares closed at $27.77; Dynavax gained $1.61 to $29.38 on Wednesday. ...