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Savara Inc.

Savara closes $130M offering

March 15, 2021 By Sean Whooley

Savara

Savara (NSDQ:SVRA) announced today that it closed its previously announced public offering with proceeds reaching approximately $130 million. Austin, Texas-based Savara last week announced the offering of 45.8 million shares of its common stock to the public for $1.45 per share, expecting proceeds of $113 million. However, the company today said in a news release […]

Filed Under: Business/Financial News, Drug-Device Combinations, Featured, Funding Roundup Tagged With: Savara Inc.

Savara prices $113M offering

March 11, 2021 By Sean Whooley

Savara

Savara (NSDQ:SVRA) announced today that it priced an underwritten public offering of common stock at approximately $113 million. Austin, Texas-based Savara — an orphan lung disease treatment company with an inhaled formulation of recombinant human GM-CSF — is offering nearly 45.8 million shares of its common stock to the public for $1.45 per share, according to […]

Filed Under: Business/Financial News, Drug-Device Combinations, Featured, Funding Roundup Tagged With: Savara Inc.

Savara inks $15m loan agreement

May 1, 2017 By Sarah Faulkner

Savara

Savara (NSDQ:SVRA) said today that it inked a $15 million loan agreement with Silicon Valley Bank. According to the deal, Savara can draw $7.5 million from the $15 million debt facility immediately. The company said it plans to use its newly-acquired capital to repay the pre-merger debt of $3.7 million it owes to Hercules Technology […]

Filed Under: Featured, Funding Roundup, Respiratory, Wall Street Beat Tagged With: Savara Inc.

Mast Therapeutics, Savara ink merger deal

January 9, 2017 By Sarah Faulkner

Mast Therapeutics, Savara ink merger deal

Mast Therapeutics (NYSE:MSTX) and privately-held Savara Inc. said today that the 2 companies have landed a definitive merger agreement, combining their operations. The newly-formed Austin, Texas-based company is expected to be named Savara Inc., and trade on the NYSE market under a new ticker symbol. The combined company will focus on advancing a pipeline of […]

Filed Under: Featured, Mergers & Acquisitions, Respiratory, Wall Street Beat Tagged With: Mast Therapeutics, Savara Inc.

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