Inovio expects cash runway to extend into the Q1 of FY25

INOVIO is updating its prior guidance and now expects its cash runway to extend into the Q1 of FY25. This projection includes its cash burn estimate of approximately $45M for the Q4 of 2022 and its ongoing expectation that cash burn will decrease incrementally from there into the Q1 of FY25. These projections do not include any funds that may be raised through the Company’s existing at-the-market program or other capital-raising activities.