Brief: Greenlight Biosciences Enters Into Definitive Merger Agreement With Consortium Led By Fall Line Endurance Fund For Go-Private Transaction

Greenlight Biosciences Holdings PBC

30/05/2023 12:58

May 30 (Reuters) - Greenlight Biosciences Holdings PBC
 GRNA.O :
    * GREENLIGHT BIOSCIENCES ENTERS INTO DEFINITIVE MERGER
AGREEMENT
WITH CONSORTIUM LED BY FALL LINE ENDURANCE FUND FOR GO-PRIVATE
TRANSACTION
    * GREENLIGHT BIOSCIENCES HOLDINGS PBC - PROPOSED DEAL FOR
ALL-CASH
TRANSACTION VALUING COMPANY AT APPROXIMATELY $45.5 MILLION.
    * GREENLIGHT BIOSCIENCES HOLDINGS PBC - PROPOSED DEAL FOR
COMMON
STOCK OF COMPANY OTHER THAN CERTAIN EXCLUDED SHARES, FOR $0.30
PER SHARE
    * GREENLIGHT BIOSCIENCES - MAY SOLICIT ALTERNATIVE
ACQUISITION
PROPOSALS FROM THIRD PARTIES DURING 30-DAY "GO-SHOP" PERIOD FROM
DATE OF MERGER AGREEMENT
    * GREENLIGHT BIOSCIENCES HOLDINGS PBC - TRANSACTION IS NOT
SUBJECT
TO A FINANCING CONDITION
    * GREENLIGHT BIOSCIENCES - UPON COMPLETION OF DEAL, WILL
BECOME
PRIVATELY-HELD CO & CO'S SHARES WILL NO LONGER TRADE ON NASDAQ
STOCK EXCHANGE

Source text for Eikon:  ID:nGNX8KmZRx 
Further company coverage:  GRNA.O 

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