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Dec 4, 2025 4:00 AM

Virax Biolabs (VRAX) Stock Cools After Hours Following 75% Rally

Virax Biolabs Group Ltd (NASDAQ:VRAX) shares declined 12.79% to $0.60 in after-hours trading on Wednesday.

Check out the current price of VRAX stock here.

According to Benzinga Pro data, the stock closed on Wednesday at $0.69, up 75.11%.

$5 Million Private Placement Details

The London-based biotechnology company announced definitive agreements to sell 12.5 million ordinary shares at $0.40 per share in a private placement.

H.C. Wainwright & Co. is serving as the exclusive placement agent.

Gross proceeds are expected to total $5 million before fees and expenses.

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