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Published on 11/2/2011 in the Prospect News PIPE Daily.

Dynavax Technologies intends to price public offering of common stock

Deal funds commercial launch of Heplisav, general corporate purposes

By Devika Patel

Knoxville, Tenn., Nov. 2 - Dynavax Technologies Corp. plans a public offering of common stock, according to a prospectus supplement filed Wednesday with the Securities and Exchange Commission. The deal will have a 30-day greenshoe.

Cowen and Co. and William Blair & Co. are the underwriters.

Proceeds will be used for activities related to the expected approval and commercial launch of Heplisav and for other general corporate purposes, including working capital.

Dynavax is a Berkeley, Calif.-based pharmaceutical company.


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