Freeline Shareholders Approve Acquisition by Syncona
Freeline Therapeutics Holdings plc - ADSs (FRLN)
Company Research
Source: GlobeNewswire
LONDON, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Freeline Therapeutics Holdings plc (Nasdaq: FRLN) (“Freeline”) and Syncona Ltd (“Syncona”) today announced that Freeline’s shareholders have approved the proposal for Bidco 1354 Limited (“Bidco”), a wholly owned subsidiary of Syncona Portfolio Limited (“Syncona Portfolio”), to acquire all shares of Freeline not currently owned by Syncona Portfolio for $6.50 per American Depositary Share (“ADS”) in cash (the “Acquisition”). As previously announced, Freeline and Bidco entered into an implementation agreement on November 22, 2023 to implement the Acquisition by means of a scheme of arrangement pursuant to Part 26 of the UK Companies Act 2006 (the “Scheme”). Voting results of the Court Meeting and General MeetingAt the Court Meeting, a majority in number of Scheme Shareholders who voted (either in person or by proxy) and who together represented 95.74 percent in value of all Scheme Shares voted by such Scheme Shareholders, voted in favor of the
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FRLN
News
- Acquisition of Freeline by Syncona Becomes Effective [Yahoo! Finance]Yahoo! Finance
- Acquisition of Freeline by Syncona Becomes EffectiveGlobeNewswire
- Freeline Shareholders Approve Acquisition by Syncona [Yahoo! Finance]Yahoo! Finance
- FREELINE THERAPEUTICS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Freeline Therapeutics Holdings plc - FRLNPR Newswire
FRLN
Sec Filings
- 2/20/24 - Form SC
- 2/20/24 - Form 25-NSE
- 2/20/24 - Form 6-K
- FRLN's page on the SEC website