Brief: Adynxx Completes Merger With Alliqua Biomedical, Adds Pierre Legault And Matt Ruth To Board Of Directors

Adynxx

06/05/2019 11:08

May 6 (Reuters) - Adynxx Inc  ADYX.O :
    * ADYNXX COMPLETES MERGER WITH ALLIQUA BIOMEDICAL, ADDS
PIERRE
LEGAULT AND MATT RUTH TO BOARD OF DIRECTORS
    * ALLIQUA BIOMEDICAL INC - ON MAY 3, 2019, PRIOR TO
CONSUMMATION
OF MERGER, ALLIQUA EFFECTED A ONE-FOR-SIX REVERSE STOCK SPLIT
    * ALLIQUA BIOMEDICAL INC - AFTER MERGER, HOLDERS OF SHARES
RECEIVED 0.0359 SHARES OF ALLIQUA COMMON STOCK FOR EACH SHARE OF
ADYNXX CAPITAL STOCK
    * ALLIQUA BIOMEDICAL INC - FOLLOWING REVERSE STOCK SPLIT AND
MERGER, COMBINED ORGANIZATION IS EXPECTED TO HAVE APPROXIMATELY
5.8 MILLION SHARES OUTSTANDING
    * ALLIQUA BIOMEDICAL INC - ADYNXX WILL PAY PREVIOUSLY
ANNOUNCED
SPECIAL CASH DIVIDEND OF $1.05 PER SHARE AS SOON AS PRACTICABLE
    * ALLIQUA BIOMEDICAL INC - ANNOUNCED COMPLETION OF ITS
MERGER WITH
ALLIQUA BIOMEDICAL, INC

Source text for Eikon:  ID:nGNX5H6h9G 
Further company coverage:  ADYX.O 

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