Brief: Alliqua BioMedical CEO Provides Update To Shareholders

Adynxx

03/01/2019 12:18

Jan 3 (Reuters) - Alliqua BioMedical Inc  ALQA.O :
    * ALLIQUA BIOMEDICAL CEO PROVIDES UPDATE TO SHAREHOLDERS
    * ALLIQUA BIOMEDICAL INC - NEW COMPANY, TO PHARMA, IS
EXPECTED TO
TRADE ON NASDAQ AND WE ESTIMATE TRANSACTION WILL CLOSE IN Q1
    * ALLIQUA BIOMEDICAL -  AFTER SATISFYING MERGER EXPENSES ,
FINANCIAL COMMITMENTS, INTEND TO PAY SPECIAL DIVIDEND IN RANGE
OF $1.00 TO $1.20/SHARE
    * ALLIQUA BIOMEDICAL INC - INTENT CONTINUES TO BE TO RETURN
ALL OF
UNUSED CAPITAL BACK TO SHAREHOLDERS
    * ALLIQUA BIOMEDICAL INC - PROJECTED CASH DIVIDEND IS
SLIGHTLY
LOWER THAN ORIGINAL PROJECTION AT TIME OF ASSET SALE TO
CELULARITY IN MAY OF 2018

Source text for Eikon:  ID:nGNX526CnS 
Further company coverage:  ALQA.O 

 ((Reuters.Briefs@thomsonreuters.com;))