Aug 9 (Reuters) - Aikido Pharma Inc AIKI.O :
* INVESTOR MAKES PROPOSAL TO ACQUIRE AIKIDO PHARMA FOR $8.00 PER SHARE IN
CASH
* SHALOM AUERBACH SAYS BENEFICIALLY OWN ABOUT 3.8% OF AIKIDO PHARMA'S COMMON
STOCK
* SHALOM AUERBACH SAYS HAS SENT A LETTER PROPOSING TO ACQUIRE AIKIDO PHARMA
FOR
$8.00 PER SHARE IN CASH
* SHALOM AUERBACH SAYS HIGHLY CONFIDENT WOULD BE ABLE TO FULLY FUND DEAL TO
ACQUIRE AIKIDO PHARMA USING CASH ON HAND AND EXTERNAL FINANCING
Source text for Eikon: ID:
Further company coverage: AIKI.O
((Reuters.Briefs@thomsonreuters.com;))