Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

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Subsequent Events
9 Months Ended
Sep. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events

12. Subsequent Events

The Company sold 2,821,315 shares of its common stock under its ATM Facility pursuant to the Sales Agreement with Jefferies during the period from October 1, 2022 through November 7, 2022. Net proceeds were $15.3 million, after deducting issuance costs.

The Company sold 1,033,434 shares of Vaxcyte common stock at their fair market value during the period from October 1, 2022 through November 7, 2022, for net proceeds of $28.1 million.