Icosavax: Tender Offer With Contingent Value Right [Seeking Alpha]
Icosavax, Inc. (ICVX)
Company Research
Source: Seeking Alpha
The CVR includes milestone payouts based on FDA approval and net sales of ICVX products in certain regions. The acquisition is primarily focused on Icosavax's lead candidate, IVX-A12, a potential RSV and hMPV vaccine. Looking for more investing ideas like this one? Get them exclusively at Special Situation Report. Learn More » AstraZeneca (NASDAQ: AZN ) has an outstanding tender offer, presumably closing February 16, to acquire all of Icosavax 's ( NASDAQ: ICVX ) shares for $15 per share in cash, plus a non-tradable contingent value right. The contingent value right or CVR can be worth up to $5 under the right circumstances. The CVR consists of: $4 milestone payout if the FDA approves IVX-A12 (or any vaccine incorporating IVX-A12) in the six years after closing. $1 per share milestone based on $200 million in net sales of all ICVX products in the European Union, United Kingdom, and Canada. This has to be achieved within seven years of the deal closing. IVX-A12 is the Ic
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ICVX
News
- M&A Funds And The Stocks Where There Is At Least A 3.5% Stake [Seeking Alpha]Seeking Alpha
- SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates ICVX, PGTI, IONMPR Newswire
- INVESTIGATION ALERT: Halper Sadeh LLC Investigates CSTR, ICVX, BATLGlobeNewswire
- ICOSAVAX INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Icosavax, Inc. - ICVXPR Newswire
ICVX
Earnings
- 11/14/23 - Beat
ICVX
Sec Filings
- 2/21/24 - Form SC
- 2/21/24 - Form EFFECT
- 2/20/24 - Form 4
- ICVX's page on the SEC website