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OTC: VXRT Vaxart, Inc. 424B5

Vaxart launches at-the-market offering of up to $50M at $0.58/share, with immediate $0.26/share dilution

Filed March 21, 2025 · ~2 min read

Key Changes

  • high

    Vaxart is selling up to $50 million of common stock in an at-the-market offering, with proceeds going to the company for general corporate purposes.

    The Offering verify on EDGAR →
  • high

    The assumed offering price is $0.5754 per share, based on the last reported sale price on March 17, 2025; actual sales will occur at market prices.

    The Offering verify on EDGAR →
  • high

    New investors will experience immediate dilution of $0.26 per share, as the as-adjusted net tangible book value per share is only $0.32.

3 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 3, 2026 · How we verify