Geovax to raise approximately $8.5 million of gross proceeds in offering priced above-the-market

Atlanta, ga, aug. 20, 2024 (globe newswire) -- geovax labs, inc. (nasdaq: govx), a clinical-stage biotechnology company developing immunotherapies and vaccines against cancer and infectious diseases, today announced that it has entered into a definitive securities purchase agreement with a certain institutional investor for the purchase and sale of 1,700,000 shares of the company's common stock (or common stock equivalents) at a price of $5.00 per share in a registered direct offering priced above-the-market under nasdaq rules.
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