Societal CDMO Enters Into Definitive Agreement to be Acquired by CoreRx, Inc.
Societal CDMO, Inc. (SCTL)
Company Research
Source: GlobeNewswire
Societal CDMO to be Acquired by CoreRx, Inc. to Create an Enhanced CDMO with Broad Capabilities Spanning Early-Stage Formulation Development through Commercial Manufacturing and Packaging CoreRx to Commence a Tender Offer for all Outstanding Shares of Societal CDMO, Inc. CLEARWATER, Fla. and GAINESVILLE, Ga., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Societal CDMO, Inc. (“Societal CDMO”) (Nasdaq: SCTL), a contract development and manufacturing organization (CDMO) dedicated to solving complex formulation and manufacturing challenges primarily in small molecule therapeutic development, today announced that it has entered into a definitive agreement with CoreRx, Inc. (“CoreRx”) under which CoreRx will acquire Societal CDMO. CoreRx will commence a tender offer to acquire all outstanding shares of Societal CDMO for $1.10 per share in cash, subject to any applicable tax withholding. Societal CDMO’s board of directors unanimously approved the transaction and plans to recommend that all share
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News
- CoreRx, Inc. Completes Acquisition of Societal CDMO, Inc.GlobeNewswire
- CoreRx, Inc. Completes Acquisition of Societal CDMO, Inc. [Yahoo! Finance]Yahoo! Finance
- CoreRx, Inc. Completes Acquisition of Societal CDMO, Inc.Business Wire
- SOCIETAL CDMO INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Societal CDMO, Inc. - SCTLBusiness Wire
- Owning 36% shares,institutional owners seem interested in Societal CDMO, Inc. (NASDAQ:SCTL), [Yahoo! Finance]Yahoo! Finance
SCTL
Earnings
- 11/8/23 - Miss
SCTL
Sec Filings
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- SCTL's page on the SEC website