Graphite Bio Declares Special Dividend In Connection with Proposed Merger with Lenz Therapeutics
Graphite Bio, Inc. (GRPH)
NASDAQ:AMEX Investor Relations:
alabamagraphite.com/investors-page
Company Research
Source: Business Wire
Special dividend estimated to be $1.03 per sharePayment of special dividend conditioned upon closing of merger SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Graphite Bio, Inc. (Nasdaq: GRPH) (“Graphite” or the “Company”) today announced that its Board of Directors has declared a special dividend in connection with the previously announced merger (the “Merger”) with Lenz Therapeutics, Inc. (“LENZ”) pursuant to the Agreement and Plan of Merger, dated November 14, 2023 (the “Merger Agreement”).The special dividend, which the Company estimates will be $1.03 per share of Graphite’s common stock, will be payable in cash to the stockholders of record as of March 18, 2024. The exact amount of the special dividend will be calculated after deducting certain cash amounts as set forth in the Merger Agreement. The payment date in respect of such special dividend will be on March 21, 2024. The special dividend will not exceed an amount equal to $60 million, subject to the adjustments set forth i
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GRPH
News
- LENZ Therapeutics Announces Completion of Merger with Graphite Bio and Provides Update on Recent Clinical and Corporate Progress [Yahoo! Finance]Yahoo! Finance
- Graphite Bio, SCWorx, Acurx Pharmaceuticals among healthcare movers [Seeking Alpha]Seeking Alpha
- Graphite Bio Declares Special Dividend In Connection with Proposed Merger with Lenz Therapeutics [Yahoo! Finance]Yahoo! Finance
- GRAPHITE BIO INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Graphite Bio, Inc. - GRPHBusiness Wire
- Kuehn Law Encourages DSKE, RYZB, ROVR, and GRPH Investors to Contact Law FirmGlobeNewswire
GRPH
Earnings
- 11/13/23 - Miss
GRPH
Sec Filings
- 3/22/24 - Form 8-K
- 3/19/24 - Form 8-K
- 3/15/24 - Form SEC
- GRPH's page on the SEC website