Khosla Ventures Acquisition Co
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

Company profile

Khosla Ventures Acquisition Co. is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus its search on market opportunity with differentiated, proprietary technology. The Company has not commenced any operations and has not generated revenues.

Closing Price
$9.81
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
9.82
Day's Low
9.79
Volume
(Heavy Day)
Volume:
172,786

10-day average volume:
19,311
172,786

U.S. to pay Moderna $1.7 billion for 66 million doses of a new COVID-19 vaccine booster

8:17 am ET July 29, 2022 (MarketWatch)
Print

Shares of Moderna Inc. (MRNA) gained 3.8% in premarket trading on Friday after the company said the U.S. will buy 66 million doses of a bivalent COVID-19 booster candidate that can better protect against the BA.5 strain. That vaccine is not yet in clinical trials but studies are expected to begin "in the near future," a Moderna spokesperson told MarketWatch earlier this week. The U.S. government will pay up to $1.74 billion to Moderna to produce and deliver 66 million doses of the booster candidate. There is also an option for the U.S. to purchase up to 234 million doses of COVID-19 booster candidates developed by Moderna. Both Moderna and Pfizer are developing bivalent boosters that equally target the original strain of the virus and the BA.4 and BA.5 variants. Moderna's stock is down 37.7% this year, while the broader S&P 500 has declined 14.5%.

-Jaimy Lee

	

(END) Dow Jones Newswires

July 29, 2022 08:17 ET (12:17 GMT)

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