Aditxt shares are trading lower after its acquisition target Evofem Biosciences filed a preliminary proxy for the stockholder approval of the deal.
Portfolio Pulse from Benzinga Newsdesk
Aditxt shares are experiencing a decline following the news that its acquisition target, Evofem Biosciences, has filed a preliminary proxy for stockholder approval of their acquisition deal.
September 24, 2024 | 4:43 pm
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Aditxt shares are trading lower due to Evofem Biosciences filing a preliminary proxy for stockholder approval of their acquisition deal.
The decline in Aditxt's share price is likely due to investor uncertainty or concerns about the acquisition process, as indicated by Evofem Biosciences' filing for stockholder approval.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90