Cassava Sciences, Inc. (SAVA)
After hours:
- GlobeNewswire
Cassava Sciences Announces Closing of $50 Million Registered Direct Offering
AUSTIN, Texas, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA) (the “Company” or “Cassava Sciences”), a clinical-stage biotechnology company focused on Alzheimer’s disease, today announced the closing of its previously announced registered direct offering of 1,666,667 shares of its common stock, at a purchase price per share of $30, for gross proceeds of approximately $50 million. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. JonesTrading
- GlobeNewswire
Cassava Sciences Announces $50 Million Registered Direct Offering of Common Stock
AUSTIN, Texas, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA) (the “Company” or “Cassava Sciences”), a clinical-stage biotechnology company focused on Alzheimer’s disease, today announced that it has entered into a definitive agreement with several healthcare-focused and other institutional investors for the purchase of 1,666,667 shares of its common stock, at a purchase price of $30 per share, for gross proceeds of approximately $50 million, in a registered direct offer
- Yahoo Finance Video
Cassava Sciences stock pops after rival experiences setback in Alzheimer’s research
Shares of Cassava are moving higher on news that its rival Roche suffered a setback in its Alzheimer's drug research trial.
