MediPacific Reports Calculation Of Additional Price Per Share And Extension Of Expiration Date For Tender Offer For Pardes Biosciences Shares
Portfolio Pulse from Benzinga Newsdesk
MediPacific has reported an additional price per share and an extension of the expiration date for its tender offer for Pardes Biosciences shares. The total cash amount that the purchaser will pay according to the terms of the offer and the merger agreement is $2.13 per share.
August 17, 2023 | 9:45 pm
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The tender offer from MediPacific for Pardes Biosciences shares has been extended, with an additional price per share of $2.13.
The extension of the tender offer and the additional price per share indicates a potential increase in the value of Pardes Biosciences shares. This could lead to a short-term increase in the stock price.
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