111 Announces Receipt of Withdrawal of Going Private Proposal
111, Inc. - American Depositary Shares (YI)
Company Research
Source: PR Newswire
SHANGHAI, Feb. 27, 2024 /PRNewswire/ -- 111, Inc. ("111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company committed to digitally connecting patients with medicine and healthcare services in China, today announced that it has received a notice dated Feburary 27, 2024 on behalf of the consortium comprising Dr. Gang Yu, co-founder and co-chairman of the Company, Mr. Junling Liu, co-founder, co-chairman and chief executive officer of the Company and certain other investors (collectively, the "Consortium"), stating that the Consortium would withdraw its preliminary non-binding going private proposal dated September 9, 2022 and preliminary non-binding going private proposal dated October 29, 2022 (collectively, the "Proposals"). The Consortium will formally terminate further negotiation with the special committee of the Company's board of directors regarding the transactions as contemplated by the Proposals.Forward-Looking StatementsThis press release conta
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News
- 111 to Announce First Quarter 2024 Unaudited Financial Results on May 23, 2024 - Conference Call to FollowPR Newswire
- 111, Inc. (NASDAQ:YI) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- 111, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- 111, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial ResultsPR Newswire
- 111 to Announce Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results- Conference Call to FollowPR Newswire
YI
Sec Filings
- 4/30/24 - Form NT
- 3/21/24 - Form 6-K
- 2/27/24 - Form SC
- YI's page on the SEC website