Company: DVAX
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001029142-25-000117
Chunk: 200

Company: DYNAVAX TECHNOLOGIES CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part II, Item 2
Chunk 200
---
ITEM 2.             UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 

Issuer Purchases of Equity Securities

In November 2024, our Board of Directors authorized a share repurchase program (the “Repurchase Program”) allowing us to repurchase up to $200.0 million worth of our common stock. Through June 30, 2025, we repurchased a total of 16,625,735 shares, including $100.0 million under an accelerated share repurchase agreement ("ASR") and approximately $100.0 million through open market and privately negotiated transactions. As of June 30, 2025, we have completed all repurchases of our common stock under our Repurchase Program.

The following table provides information with respect to the shares of common stock repurchased by us during the three months ended June 30, 2025:

PeriodTotal Number of Shares PurchasedAverage Price Paid per Share (1)Total Number of Shares Purchased as part of Publicly Announced ProgramApproximate Dollar Value of Shares that May Yet Be Purchased Under the Repurchase Program(Dollars in millions) (1)April 1, 2025 - April 30, 20253,342,919 $11.36 3,342,919 $33.2 May 1, 2025 - May 31, 20253,253,129 $10.12 3,253,129 $- June 1, 2025 - June 30, 2025- $- - $- Total6,596,048 $10.75 6,596,048 

(1)Includes transaction fees and excludes excise taxes incurred on share repurchases.

ITEM 3.             DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4.             MINE SAFETY DISCLOSURES

None.

ITEM 5.             OTHER INFORMATION

None.

71

Table of Contents

ITEM 6.             EXHIBITS

  Incorporated by Reference ExhibitNumberDocumentExhibitNumberFilingFiling DateFile No.Filed Herewith3.1Restated Certificate of Incorporation3.18-KJune 17, 2025001-34207 3.2Amended and Restated Bylaws3.28-KJune 17, 2025001