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Moderna is now overvalued after cancer vaccine-led stock surge, Rothschild & Co. says
*MODERNA, MERCK DOWN AFTER BIONTECH HALTS CANCER VACCINE TRIAL
Well at least MRNA got their convert out
Moderna CEO Stephan Bancel recalls he was at a Lebanese restaurant celebrating a friend’s birthday the moment he learned of a cancer vaccine's successful trial
MODERNA SAYS THE FDA HAS APPROVED ITS UPDATED 2026-2027 COVID-19 VACCINES, WITH MNEXSPIKE WINNING FDA APPROVAL FOR ITS NEW FORMULA AND SPIKEVAX RECEIVING APPROVAL FOR THE 2026-2027 FORMULA
Moderna plans to raise $2 billion from selling debt that can be exchanged for shares, which it will use to invest in its cancer vaccine business and to repay debt
Moderna $MRNA just announced plans to raise $2 Billion by selling convertible senior notes due in 2032
MODERNA PLANS TO ISSUE $2 BILLION IN CONVERTIBLE SENIOR NOTES, WITH NET PROCEEDS GOING TO GENERAL CORPORATE PURPOSES AND SOME FOR CAPPED CALL TRANSACTIONS. THEY WILL ALSO OFFER AN OPTION FOR AN ADDITIONAL $300 MILLION OF NOTES.
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*MODERNA TO OFFER $2 BILLION OF CONVERTIBLE SENIOR NOTES
MODERNA $MRNA TO RAISE $2B THROUGH CONVERTIBLE SENIOR NOTES DUE 2032, WITH AN OPTION FOR AN ADDITIONAL $300M
Moderna and Merck's wild gambit on a cancer vaccine appears to have worked, despite big doubts, logistical challenges, and pandemic-era complications.
