Investor Makes Proposal to Acquire AIkido Pharma for $8.00 Per Share in Cash
AIkido Pharma Inc. (AIKI)
Company Research
Source: GlobeNewswire
Proposal for All-Cash Transaction Represents a 31% Premium to AIKI’s Most Recent Closing Price Urges the Board to Immediately Enter into Good Faith Discussions with the Investor and Work to Deliver a Meaningful Premium to AIKI’s Stockholders NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Shalom Auerbach, a significant stockholder of AIkido Pharma Inc. (NASDAQ: AIKI) (“AIKI” or the “Company”) beneficially owning approximately 3.8% of its common stock, today announced that he has sent a letter proposing to acquire the Company for $8.00 per share in cash. The full text of the letter follows below: August 9, 2022 AIkido Pharma Inc.One Rockefeller Plaza, 11th FloorNew York, NY 10020 Dear Members of the Board of Directors: I am a significant stockholder of AIkido Pharma Inc. (NASDAQ: AIKI) (“AIKI” or the “Company”), beneficially owning approximately 3.8% of the Company’s outstanding common stock. In prior public letters to the AIKI Board of Directors (the “Board”) and Company stockhold
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