Symetryx Corp Increases Non-Binding Offer To Acquire Check-Cap From $4.35 To $4.60 Per Share
Portfolio Pulse from Happy Mohamed
Symetryx Corp has increased its non-binding offer to acquire Check-Cap to $4.60 per share, according to Reuters.
July 25, 2023 | 2:24 pm
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POSITIVE IMPACT
Check-Cap's stock price may increase in the short term due to the raised acquisition offer from Symetryx Corp.
Acquisition offers typically lead to an increase in the stock price of the company being acquired. In this case, Symetryx Corp has increased its offer to acquire Check-Cap, which could lead to a rise in Check-Cap's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100