Filed pursuant to Rule 424(b)(3)
File No. 333-32142
NOVAVAX, INC.
SUPPLEMENT NO. 1 DATED JULY 9, 2001
TO PROSPECTUS DATED MARCH 16, 2000
This Supplement contains information relating to the table under the caption “Selling Stockholders” in our March 16, 2000 prospectus.
Mr. John Lamb has transferred certain restricted shares of our common stock to CIBC Oppenheimer, a subsidiary of CIBC World Market (“CIBC”). As a result of this transaction, the disclosures concerning Selling Stockholders is updated to include CIBC as follows:
| Number of Shares Owned | Maximum Number | |||||||||||||||
| Prior to Offering | of Shares | |||||||||||||||
| Name of Selling Stockholder | Shares | Warrants | Total | Being Offered | ||||||||||||
| CIBC Oppenheimer, a | 25,000 | 25,000 | 25,000 | |||||||||||||
| subsidiary of CIBC | ||||||||||||||||
| World Market | ||||||||||||||||