Brief: Science 37 To Be Acquired By eMed

Science 37 Holdings

29/01/2024 14:03

Jan 29 (Reuters) - Science 37 Holdings Inc  SNCE.O :
    * SCIENCE 37 TO BE ACQUIRED BY EMED, EXPANDING ACCESS TO
PATIENTS
AND ACCELERATING ENROLLMENT
    * SCIENCE 37 HOLDINGS INC - TRANSACTION IS VALUED AT AN
EQUITY
VALUE OF APPROXIMATELY $38 MILLION
    * SCIENCE 37 HOLDINGS INC - TRANSACTION WILL BE STRUCTURED
AS AN
ALL-CASH TENDER OFFER TO ACQUIRE ALL OUTSTANDING SHARES OF
SCIENCE 37
    * SCIENCE 37- UNDER TERMS OF DEAL, EMED TO COMMENCE TENDER
OFFER
TO ACQUIRE ALL OUTSTANDING SHARES OF CO'S COMMON STOCK FOR $5.75
IN CASH PER SHARE
    * SCIENCE 37 HOLDINGS INC -UPON COMPLETION OF TRANSACTION,
SCIENCE
37 WILL BECOME A PRIVATELY HELD COMPANY

Source text for Eikon:  ID:nGNX15qQB3 
Further company coverage:  SNCE.O 

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