JERUSALEM, May 4, 2020 /PRNewswire/ -- BiondVax
Pharmaceuticals Ltd. (Nasdaq: BVXV), developer of the universal
influenza vaccine candidate M-001, today published a reminder that
its publicly traded warrants (traded on Nasdaq under the symbol
BVXVW) will expire, according to their terms, on May 15, 2020. Warrants issued to underwriters in
connection with our initial public offering in the United States will expire on May 11, 2020.
As previously announced by the Company, holders of warrants may
exercise their warrants on a cash or cashless exercise basis.
In order to exercise the warrants, brokers must deliver, on or
before 5:00 PM (ET) on May 15, 2020 (or May 11,
2020 for holders of warrants issued to underwriters), the
completed Warrant Exercise Form to the Company's transfer agent,
Computershare. For warrants being exercised on a cash basis,
holders must also deliver payment of the exercise price of
$6.25 per ADS for the number of
public warrants being exercised plus applicable issuance fees. For
warrants being exercised on a cashless basis, holders must note on
the Warrant Exercise Form that the warrants are being exercised on
a cashless basis and deliver payment of applicable issuance
fees.
For additional information and copies of the exercise forms,
please contact: CorporateActionsUS@computershare.com
Computershare
Voluntary Corporate Actions
150 Royall Street, Suite V
Canton, MA 02021
About BiondVax
BiondVax (NASDAQ: BVXV) is a Phase 3 clinical stage
biopharmaceutical company developing a universal flu vaccine. The
vaccine candidate, called M-001, is designed to provide
multi-strain and multi-season protection against current and
future, seasonal and pandemic influenza. BiondVax's proprietary
technology utilizes a unique combination of conserved and common
influenza virus peptides intended to stimulate both arms of the
immune system for a cross-protecting and long-lasting effect. In a
total of 7 completed Phase 1/2 and Phase 2 clinical trials
enrolling 818 participants, the vaccine has been shown to be safe,
well-tolerated, and immunogenic. The ongoing pivotal Phase 3
clinical trial aims to assess safety and effectiveness of M-001 in
reducing flu illness and severity. For more information, please
visit www.biondvax.com.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Litigation Reform Act of 1995. Words
such as "expect," "believe," "intend," "plan," "continue," "may,"
"will," "anticipate," and similar expressions are intended to
identify forward-looking statements. These forward-looking
statements reflect the management's current views with respect to
certain current and future events and are subject to various risks,
uncertainties and assumptions that could cause the results to
differ materially from those expected by the management of BiondVax
Pharmaceuticals Ltd. Risks and uncertainties include, but are not
limited to, risks relating to the COVID-19 (coronavirus) pandemic,
including a risk of delay in the availability of the top line
results from our pivotal clinical efficacy Phase 3 trial for M-001,
the prosecution, timing and results of the ongoing Phase 2 and
Phase 3 trials and any subsequent trials; timing of receipt of
regulatory approval of our manufacturing facility in Jerusalem; ability to demonstrate the efficacy
and safety of the vaccine; the timing of clinical trials and
marketing approvals; the risk that drug development involves a
lengthy and expensive process with uncertain outcome; the ability
of the Company to maintain, preserve and defend its intellectual
property and patents granted; whether our vaccine candidate
will successfully advance through the clinical trial process on a
timely basis, or at all, and receive approval from the U.S. Food
and Drug Administration or equivalent foreign regulatory agencies;
the adequacy of available cash resources and the ability to raise
additional capital when needed. More detailed information about the
risks and uncertainties affecting the Company is contained under
the heading "Risk Factors" in our Annual Report on Form 20-F for
the year ended December 31, 2018
filed with the U.S. Securities and Exchange Commission, or SEC,
which is available on the SEC's website, www.sec.gov. We undertake
no obligation to revise or update any forward-looking statement for
any reason.
Contact Details
Joshua E. Phillipson |
+972-8-930-2529 | j.phillipson@biondvax.com
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SOURCE BiondVax Pharmaceuticals Ltd.