Brief: Puretech Health PLC Submitted Revised Non-Binding Proposal To Chair Of Gelesis Holdings' Board
20/04/2023 22:49
April 20 (Reuters) - Gelesis Holdings Inc GLSH.PK :
* PURETECH HEALTH PLC - ON APRIL 19, PURETECH HEALTH PLC
SUBMITTED
REVISED NON-BINDING PROPOSAL TO CHAIR OF GELESIS HOLDINGS' BOARD
* PURETECH HEALTH PLC - REVISED PROPOSAL TO ACQUIRE ALL OF
GELESIS
HOLDINGS' OUTSTANDING EQUITY, EQUITY-LINKED SECURITIES FOR $3.0
MILLION IN CASH
* PURETECH HEALTH-IN REVISED PROPOSAL, INDICATED IT IS
PREPARED TO
PROVIDE UP TO $1.5 MILLION OF SENIOR SECURED FINANCING TO FUND
DAY-TO-DAY OPERATIONS OF GELESIS
Further company coverage: GLSH.PK
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