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Affimed closes $24.5M common stock offering

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Affimed closes $24.5M common stock offering

Affimed NV sold 13,225,000 of its common shares at $2.00 apiece for net proceeds of about $24.5 million in a public offering.

The total shares sold include 1,725,000 common shares issued pursuant to the underwriters' option to buy additional shares.

Jefferies LLC and Wells Fargo Securities LLC acted as joint book-running managers.