Brief: Guardion Health Sciences Announces Its Largest Stockholder Has Voted In Favor Of Proposals To Sell The Viactiv Business
21/05/2024 13:26
May 21 (Reuters) - Guardion Health Sciences Inc
GHSI.O :
* GUARDION HEALTH SCIENCES ANNOUNCES ITS LARGEST STOCKHOLDER
HAS
VOTED IN FAVOR OF PROPOSALS TO SELL THE VIACTIV BUSINESS AND THE
LIQUIDATION PLAN AT THE COMPANY’S SPECIAL MEETING OF
STOCKHOLDERS TO BE HELD ON MAY 23, 2024
* GUARDION HEALTH SCIENCES INC - GUARDION TO SELL VIACTIV
BUSINESS
* GUARDION HEALTH SCIENCES INC - GUARDION ESTIMATES $9-11
PER
SHARE DISTRIBUTION
* GUARDION HEALTH SCIENCES INC - IN EVENT THAT STOCKHOLDERS
APPROVE TRANSACTION AND TRANSACTION CLOSES, COMPANY WOULD BE
LEFT WITH MINIMAL OPERATIONS
* GUARDION HEALTH SCIENCES - DETERMINED THAT IT IS IN BEST
INTERESTS OF COMPANY AND ITS STOCKHOLDERS TO APPROVE A VOLUNTARY
DISSOLUTION AND LIQUIDATION
* GUARDION HEALTH SCIENCES: IF SALE OF ACTIV IS APPROVED,
PLAN OF
LIQUIDATION IS NOT APPROVED, BELIEVE MAINTAINING LISTING ON
NASDAQ WILL BE DIFFICULT
Source text for Eikon: ID:nGNXcgj5V6
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