Understanding Adverum Biotechnologies Private Placement
Why Adverum Biotechnologies Stock Is Rising
Adverum Biotechnologies, Inc. ADVM shares are trading higher Monday after the company announced that it has agreed to sell approximately 106.25 million shares in a $127.5 million private placement. The Private Placement: Adverum will sell the shares at a price per share of $1.20, representing a premium of approximately 20% to its stock’s 30-day volume-weighted ...












