Brief: Symetryx Announced A Non-Binding Proposal To Acquire Check-Cap For $4.35 Per Share

Mbody Ai

18/07/2023 17:21

July 18 (Reuters) - SYMETRYX CORP:
    * SYMETRYX CORP. ANNOUNCED A NON-BINDING PROPOSAL TO ACQUIRE
CHECK-CAP FOR $4.35 PER SHARE
    * SYMETRYX CORP- URGE CHECK BOARD TO ENTER A NON-DISCLOSURE
AGREEMENT WITH SYMETRYX AND ALLOW US TO COMMENCE DUE DILIGENCE
AS SOON AS POSSIBLE
    * SYMETRYX CORPORATION- MAY REQUIRE ADDITIONAL CONDITIONS TO
COMPLETE OUR NON-BINDING PROPOSAL FOR CHECK-CAP
    * SYMETRYX - WITH MANAGEMENT&INSIDERS OWNING LESS THAN 0.25%
OF
CHECK SHARES, BELIEVES MANAGEMENT NOT ALIGNED WITH BEST
INTERESTS OF CHECK SHAREHOLDERS
    * SYMETRYX - NON-BINDING PROPOSAL IS CONTINGENT UPON
CONDITIONS
INCLUDING, AMONG OTHERS, IMMEDIATE ENGAGEMENT BY CHECK BOARD