Vical Stockholders Approve Reverse Stock Split and Merger with Brickell
VICAL (VICL)
Last vical earnings: 5/2 05:01 pm
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US:NASDAQ Investor Relations:
vical.com/investors/overview/default.aspx
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Source: GlobeNewswire
• Merger Transaction Expected to Close August 31, 2019 SAN DIEGO, Aug. 30, 2019 (GLOBE NEWSWIRE) -- Vical Incorporated (“Vical”) (Nasdaq:VICL) announced that its stockholders voted to approve the proposals required to complete the merger transaction with Brickell Biotech at a Special Meeting of Vical’s stockholders held on August 30, 2019 at 8:00 a.m. Pacific time. As previously disclosed, Vical entered into an Agreement and Plan of Merger and Reorganization, dated June 2, 2019 and amended on August 20, 2019, with Brickell and Victory Subsidiary, Inc., and each of Vical’s and Brickell’s board of directors unanimously approved the merger in June 2019. The board of directors of Vical has also determined that the reverse stock split (the “Reverse Split”) of the Company’s common stock will be effected at a ratio of 1-for-7 and is expected to be completed immediately prior to the consummation of the Merger. The Merger is expected to close on Saturday, August 31, 2019. Vical expects t
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