Savara closes $130M offering

Savara (NSDQ:SVRA) announced today that it closed its previously announced public offering with proceeds reaching approximately $130 million.

Austin, Texas-based Savara last week announced the offering of 45.8 million shares of its common stock to the public for $1.45 per share, expecting proceeds of $113 million.

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Savara prices $113M offering

Savara (NSDQ:SVRA) announced today that it priced an underwritten public offering of common stock at approximately $113 million.

Austin, Texas-based Savara is offering nearly 45.8 million shares of its common stock to the public at a price of $1.45 per sahre, according to a news release.

Get the full story at our sister site, Drug Delivery Business News.

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