IMV Inc. Closes Previously Announced Public Offering
The Corporation intends to use the net proceeds of the Offering to accelerate the development of DPX-Survivac in combination with Keytruda as part of the basket trial select advanced or recurrent solid tumours in bladder, liver (hepatocellular carcinoma), ovarian or non-small-cell lung cancers, as well as tumours shown to be positive for the microsatellite instability high biomarker and for general corporate purposes.
The Offering was made pursuant to a U.S. registration statement on Form
F-10, declared effective by the
This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction.
Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking information under
applicable securities law. All information that addresses activities or
developments that we expect to occur in the future is forward-looking
information. Forward-looking statements are based on the estimates and
opinions of management on the date the statements are made. In the press
release, such forward-looking statements include, but are not limited
to, statements regarding the anticipated use of proceeds from the
Offering. However, they should not be regarded as a representation that
any of the plans will be achieved. Actual results may differ materially
from those set forth in this press release due to known and unknown
risks and uncertainties affecting the Corporation, including access to
capital, the successful design and completion of clinical trials, the
receipt and timely receipt of all regulatory approvals and other risks
detailed from time to time in our ongoing quarterly filings and annual
Andrea Cohen, Sam Brown Inc.
T: (917) 209-7163 E: AndreaCohen@sambrown.com
Marc Jasmin, IMV Senior Director, Investor Relations
T: (902) 492-1819 E: firstname.lastname@example.org