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Thursday, December 21, 2023

Hookipa: $21.25 Million Equity Investment from Gilead

 

  • Gilead purchased 15 million newly issued shares of common stock at a price of $1.4167 per share

  • Following the close of the transaction on December 20, 2023, Gilead holds 19.4% of HOOKIPA’s outstanding shares of common stock

  • Equity investment is to advance the Gilead-partnered HIV therapeutic program through Phase 1; trial expected to commence in the first half of 2024

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