Valneva Files $350 Million Shelf

MT Newswires Live
03-25

Valneva (VALN) said Tuesday that it filed a registration statement with the US Securities and Exchange Commission for the potential sale from time to time of up to $350 million of its ordinary shares, American depositary shares and warrants to buy ordinary shares or ADSs.

The company intends to use the net proceeds to fund manufacturing, commercialization and research and development of its products and product candidates as well as for working capital and general corporate purposes, according to the filing Monday.

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