Brief: Virtual Therapeutics, Akili Interactive Enter Into Definitive Merger Agreement To Establish Leading Digital Health Company
29/05/2024 13:03
May 29 (Reuters) - Akili Inc AKLI.O :
* VIRTUAL THERAPEUTICS, AKILI INTERACTIVE ENTER INTO
DEFINITIVE
MERGER AGREEMENT TO ESTABLISH LEADING DIGITAL HEALTH COMPANY
* AKILI INC: AKILI SHAREHOLDERS WILL RECEIVE $0.4340 PER
SHARE OF
COMMON STOCK IN CASH
* AKILI INC: UNDER TERMS OF AGREEMENT, AKILI SHAREHOLDERS
WILL
RECEIVE $0.4340 PER SHARE OF COMMON STOCK IN CASH
* AKILI INC: UPON COMPLETION OF TRANSACTION, AKILI'S COMMON
STOCK
WILL NO LONGER BE LISTED ON ANY PUBLIC STOCK EXCHANGE.
* AKILI INC: AKILI TO OPERATE AS WHOLLY OWNED SUBSIDIARY OF
VIRTUAL THERAPEUTICS
* AKILI INC: FOLLOWING COMPLETION OF TRANSACTION, COMBINED
ORGANIZATION WILL OPERATE AS VIRTUAL THERAPEUTICS
Source text for Eikon: ID:nBwHckNpa
Further company coverage: AKLI.O
((Reuters.Briefs@thomsonreuters.com;))
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