Brief: Alta Fundamental Advisers Llc Reports 5.0% Stake In Milestone Pharmaceuticals Inc. As Of November 6- SEC Filing

Milestone Pharmaceuticals

09/11/2023 22:13

Nov 9 (Reuters) - Milestone Pharmaceuticals Inc
 MIST.O :
    * ALTA FUNDAMENTAL ADVISERS LLC REPORTS 5.0% STAKE IN
MILESTONE
PHARMACEUTICALS INC. AS OF NOVEMBER 6- SEC FILING
    * ALTA FUNDAMENTAL ADVISERS LLC-  ON NOV 9, DELIVERED LETTER
TO
BOARD OF MILESTONE PHARMACEUTICALS INC
    * ALTA FUNDAMENTAL-EXPRESSED CONCERN, GIVEN MILESTONE
PHARMACEUTICALS'S LACK OF EXISTING RESOURCES WILL CONTINUE TO
PURSUE NON-VALUE MAXIMIZING OPTIONS
    * ALTA FUNDAMENTAL-BELIEVES MILESTONE PHARMACEUTICALSIS'
APPROACH 
IS RISKY, EXPENSIVE TO COMMERCIALIZING ETRIPAMIL
    * ALTA FUNDAMENTAL-CONVINCED THAT MILESTONE PHARMACEUTICALS
INC
SHOULD EXPLORE A SALE OR STRATEGIC PARTNERSHIP

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