BioCentury
ARTICLE | Financial News

Bavarian Nordic cancels U.S. offering, prices private placement

April 14, 2016 12:46 AM UTC

Bavarian Nordic A/S (CSE:BAVA) said Wednesday it would withdraw its proposed NASDAQ listing, and instead announced the pricing of a DKK664.8 million ($101.6 million) private placement through the sale of 2.8 million shares at DKK240.

In January, the company filed to raise up to $86.3 million in the U.S. listing (see BioCentury Extra, Jan. 4). ...