Brief: Mei Pharma Enters Into Agreement With Anson Funds And Cable Car Capital

Lite Strategy

01/11/2023 13:08

Nov 1 (Reuters) - MEI Pharma Inc  MEIP.O :
    * MEI PHARMA ENTERS INTO AGREEMENT WITH ANSON FUNDS AND
CABLE CAR
CAPITAL
    * MEI PHARMA INC - COMMITS TO CAPITAL RETURN OF UP TO $3.15
PER
SHARE
    * MEI PHARMA INC - ADDS THREE NEW DIRECTORS AND FORMS
CAPITAL
ALLOCATION COMMITTEE OF BOARD
    * MEI PHARMA INC - AS PART OF COOPERATION AGREEMENT, ANSON
AND
CABLE CAR HAVE AGREED TO WITHDRAW THEIR CONSENT SOLICITATION
    * MEI PHARMA - ANSON AND CABLE CAR WILL VOTE FOR CO'S SLATE
OF
DIRECTOR NOMINEES IN CONNECTION WITH 2024 AGM AND 2025 AGM
    * MEI PHARMA INC-  A SECOND RETURN OF CAPITAL OF ABOUT $9.33
MILLION IN AGGREGATE WILL BE AUTHORIZED BY BOARD UNDER CERTAIN
CONDITIONS
    * MEI PHARMA INC- CURRENT MEI DIRECTORS DANIEL P. GOLD,
PH.D.,
TAMAR D. HOWSON AND SUJAY R. KANGO HAVE RESIGNED FROM BOARD
    * MEI PHARMA INC-  ASSUMING ALL DIRECTORS NOMINATED BY BOARD
ARE
ELECTED AT 2024 ANNUAL MEETING, BOARD WILL CONTINUE TO COMPRISE
EIGHT DIRECTORS

Source text for Eikon:  ID:nBw5Fqm0La 
Further company coverage:  MEIP.O 

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