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The latest update is out from GeoVax Labs (GOVX).
GeoVax Labs, Inc. launched a registered direct offering, selling over 837,000 shares and pre-funded warrants to purchase additional shares, alongside a private placement of common warrants. These efforts, priced around $5.12 per share for common stock and warrants, aim to raise approximately $4.6 million in net proceeds for corporate purposes. The offering closed swiftly within two days, and the company has committed to a 15-day pause post-closing on issuing new shares or securities.
For a thorough assessment of GOVX stock, go to TipRanks’ Stock Analysis page.