Shareholder Alert: Ademi LLP investigates whether Salarius Pharmaceuticals, Inc. is obtaining a Fair Price for its Public Shareholders
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Ademi LLP is investigating Salarius Pharmaceuticals (NASDAQ: SLRX) for potential breaches of fiduciary duty in its reverse merger with Decoy Therapeutics. Salarius shareholders would own about 14% of the new entity's shares.
January 13, 2025 | 11:45 pm
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Ademi LLP is investigating Salarius Pharmaceuticals for potential breaches of fiduciary duty in its reverse merger with Decoy Therapeutics. Salarius shareholders would own only about 14% of the new entity's shares.
The investigation by Ademi LLP into potential breaches of fiduciary duty suggests legal and financial uncertainties for Salarius Pharmaceuticals. The fact that shareholders would own only 14% of the new entity could be seen as unfavorable, potentially leading to a negative short-term impact on the stock price.
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