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Affimed prices common stock offering

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Affimed prices common stock offering

Affimed NV priced an underwritten public offering of 10 million common shares at $1.80 per share.

The company granted underwriters an option to buy up to an additional 1.5 million common shares.

Net proceeds are expected to total about $16.9 million.

The offering is expected to close on or about Jan. 25, subject to customary closing conditions.

BMO Capital Markets Corp. and Wells Fargo Securities LLC are acting as joint book-running managers, while Trout Capital LLC is acting as co-manager for the offering.