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* * $ASRT Video Chart 05-07-2021 * *
Link to Video - click here to watch the technical chart video
Good player, in the process of transformation, has potential.
0,68$/share.
That’s not always a bad thing. Gonna be a good day tomorrow for the few of us then!
* * $ASRT Video Chart 02-10-2021 * *
Link to Video - click here to watch the technical chart video
Assertio Holdings, Inc. Announces Pricing of $34.3 Million Registered Direct Offering
LAKE FOREST, Ill., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. ("Assertio" or the "Company") (NASDAQ: ASRT) today announced it has entered into a securities purchase agreement with certain institutional investors to purchase 35,000,000 shares of its common stock at a price of $0.98 per share, which is a premium to market based on applicable Nasdaq "minimum price" rules...
Assertio Holdings, Inc. Announces Pricing of $34.3 Million Registered Direct Offering
* * $ASRT Video Chart 02-09-2021 * *
Link to Video - click here to watch the technical chart video
$1.31 nice gains
* * $ASRT Video Chart 02-08-2021 * *
Link to Video - click here to watch the technical chart video
Ummmm Short Squeeze?
Short Interest is only 2% .
Technically 1.10 would be key resistance the 8 ema has crossed the 200.
It made nice moves when the 8 and 30 crossed the 50 on the daily chart.
So it has some potential for profit.
I don't think it will squeeze
It's trading up now next week should be good short squeeze coming ASRT$ WOOHOOOOOOOOO
And todays price is 62 cents /offering ??? Where do you come up with 3 dollars ?
* * $ASRT Video Chart 02-05-2021 * *
Link to Video - click here to watch the technical chart video
ASRT$ $3 TARGET PRICE TODAY WOOHOOOOOOOOOO
ASRT loaded some , today will add some
When is the closest approval date?
ASRT is a breakout stock, breakouts alerted few days ago!...it is a Cash rich, low float and pipeline rich Pharma, and products close to getting FDA approval!......potentials for upside and long future!
ASRT loaded a few at .66
What price did the ceo pay? What drug is up for approval?
ASRTs might spike to $2-3 and there are so many catalysts!...
here is something from the board page:
ASRT=FDA DECISION in 2 Weeks guys = 200%++ Potential
ASRT-DD = Market Cap $102 Million -- Cash $76 Million --4 Marketed Products --Another Drug awating FDA approval (PDUFA DATE October 19) -- insider Bought shares at higher price = Could Jump 200-300% on FDA APPROVAL in 2 Weeks = STRONG BUY ..Link to presentation and Insider buying below .GLTA
Marketcap $100 Million
Cash: $76 Million
Price $1.25
Presentation
http://investor.assertiotx.com/static-files/d387e336-3ff2-45fb-b5de-1079e0c6dd94
so they might have gave up/abandoned for good, ASRT has over 100M in cash (perhaps 200M, that came from a recent sale of certain pipeline assets), why the heck they need any split etc.....the stock will sky rocket now!! on its own!...besides progress in pipelines of products..
* * $ASRT Video Chart 01-04-2021 * *
Link to Video - click here to watch the technical chart video
will this thing ever go up geeez hopefully monday
107M OS as of 9/30/20 from 10Q. Up to 1 for 4 RS was voted for and approved in June, but haven't found anything about it since then.
Not sure what this "Re-organization" drama, but no share structure details anywhere, is there anybody here know if this move also include a R/S, there is no mention of rs in that news quoted below!?
ASRT Breakout is coming:
Target prices: 0.69, 0.82, and 1.15!!!!
Check for List on "Breakouts/Breakdowns" on those two boards!.. Look out for my More detailed breakout post on ASRT this week or next!
q3 earnings
6:19 am ET
*Assertio Sees FY20 Sales Down 5% Year Over Year, Says Is Unable To Reconfirm EBITDA Margin Guidance At This Time
Benzinga
6:18 am ET
Assertio Therapeutics Q3 Adj. EBITDA $6.969M vs $34.336M In Same Qtr. Last Year, EPS $(0.09) Down From $0.05 YoY, Sales $34.56M Beat $32.50M Estimate
Benzinga
6:01 am ET
Assertio Holdings 3Q Loss/Shr 9c >ASRT
How is everyone feeling about ASRT?.
Cheers.
Yes, not sure how they plan?...need to stay above one dollar.
Did some research over the weekend.. Cash on hand to aid growth, Rid of debt, Revenue producing products. My one ? was the company notified by Nasdaq for trading under a $1 yet.
This stock is been held down manipulate by the MM shorties. Stock should be trade a lot higher than it trade now.
Highbridge Capital Management, LLC
13G
6,947,025 shares
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.26%
* * $ASRT Video Chart 05-28-2020 * *
Link to Video - click here to watch the technical chart video
$1
day traders found it. My block reader isn't working. Someone said a 2m trade went through earlier.
The stockholders meeting voted for a reverse split of either 2:1 or 4:1
need to close above $1 for 10 days to avoid any reverse split
How much higher than 2$... tomorrow...
2.00 should come easy
What’s your prediction here? Short and long term
1.00 on the corner ASRT and BOOMAGE
ASRT after 1.08 nothing,will be 2.00 fast
ASRT looking freaking huge,10%% up,.88 hits
Assertio Completed Merger with Zyla Life Sciences
May 20 2020 - 08:48AM
PR Newswire (US) Print
LAKE FOREST, Ill., May 20, 2020 /PRNewswire/ -- Assertio Holdings, Inc., the successor issuer to Assertio Therapeutics, Inc., ("Assertio" ) (NASDAQ: ASRT) announced the closing of the merger with Zyla Life Sciences. The combined company (the "Company") will operate under the Assertio name and trade on Nasdaq under the ticker ASRT.
(PRNewsfoto/Assertio )
The merger creates a growing commercial pharmaceutical company with neurology, inflammation and pain products. The Company now has a differentiated portfolio of non-steroidal anti-inflammatory drugs (NSAIDs) commonly used by neurologists, orthopedic surgeons, internists, women's health providers, podiatrists, pain care specialists and urologists. All eight products are branded, FDA-approved products and will be managed by the Company's newly formed and highly experienced commercial team.
Anticipated Strategic and Financial Benefits of the Merger
Pro forma 2019 net product sales of approximately $128 million1
Projected pro forma 2020:
Non-GAAP adjusted EBITDA margin of greater than 25 percent
Upwards of $40 million in cost synergies expected, in addition to Assertio's previously announced anticipated $15 million in cost synergies due to acceleration of cost savings initiatives
Complementary products expected to result in leading portfolio of NSAIDs
Positioned to take advantage of current trend toward non-opioid pain products
Projected mid to high-single digit revenue growth for 2020
Holding company is expected to have net debt to EBITDA leverage of two times
Positions the Company to add differentiated products through acquisitions and partnerships
"With the completion of this merger, we are on track to be a leading specialty pharmaceutical company," said Todd Smith, incoming president and CEO of Assertio. "I am excited to lead the talented team that has worked so hard to grow both businesses and remain dedicated to creating the new Assertio during this challenging time. Thank you to everyone who has seen this transaction through to close. This is just the beginning of an exciting growth opportunity for our employees, the patients we serve and the investors who support our path to value creation. We look forward to updating you on our progress and path forward on our second quarter earnings call."
With this merger closed, the Company has a board composed of nine directors. Six directors from the pre-merger Assertio board, including Arthur Higgins, the non-executive chairman, Heather L. Mason, William T. McKee, Peter D. Staple, James L. Tyree and David E. Wheadon. In addition, Todd N. Smith, Timothy P. Walbert, the lead independent director, and Andrea Heslin Smiley joined from the Zyla board.
Advisors
Stifel acted as the exclusive financial advisor to Assertio and Gibson, Dunn & Crutcher LLP acted as its legal counsel. MTS acted as the exclusive financial advisor to Zyla and Dechert LLP acted as its legal counsel.
Non-GAAP Information
This press release includes estimated non-GAAP adjusted EBITDA margin and non-GAAP net debt to EBITDA leverage, each, a non-GAAP financial measure. The Company believes these non-GAAP financial measures not only provide the Company's management with comparable financial data for internal financial analysis but also provide meaningful supplemental information to investors. Specifically, these non-GAAP financial measures enable investors to better understand the anticipated performance of the business and facilitate a meaningful evaluation of the Company's preliminary estimate for non-GAAP adjusted EBITDA margin and non-GAAP net debt to EBITDA leverage for 2020. These non-GAAP measures should be considered a supplement to, and not as a substitute for or superior to, financial measures calculated in accordance with GAAP. No reconciliation of estimated non-GAAP adjusted EBITDA margin or non-GAAP net debt to EBITDA leverage is provided in this press release because some of the excluded information is not yet ascertainable or accessible and the Company is unable to quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measures without unreasonable efforts.
About Assertio
Assertio is a leading specialty pharmaceutical company bringing differentiated products to patients. The Company has a robust portfolio of branded prescription neurology, inflammation and pain medications. Assertio has grown through business development including acquisitions, licensing and mergers. The Company seeks to leverage its commercial excellence to be the partner of choice. To learn more about Assertio, visit www.assertiotx.com.
Forward Looking Statements
Statements in this communication that are not historical facts are forward-looking statements that reflect Assertio's current expectations, assumptions and estimates of future performance and economic conditions. These forward-looking statements are made in reliance on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to, among other things, future events or the future performance or operations of Assertio. All statements other than historical facts may be forward-looking statements; words such as "anticipate," "believe," "could," "design," "estimate," "expect," "forecast," "goal," "guidance," "imply," "intend," "may", "objective," "opportunity," "outlook," "plan," "position," "potential," "predict," "project," "prospective," "pursue," "seek," "should," "strategy," "target," "would," "will," "aim" or other similar expressions that convey the uncertainty of future events or outcomes are used to identify forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the control of Assertio. Factors that could cause Assertio's actual results to differ materially from those implied in the forward-looking statements include: (1) risks related to disruption of management time from ongoing business operations due to the integration of the merger with Zyla Life Sciences (the "Merger"); (2) unexpected costs, charges or expenses resulting from the Merger; (3) the ability of the Assertio to retain key personnel; (4) potential adverse changes to business relationships resulting from the Merger; (5) the combined company's ability to achieve the growth prospects and synergies expected from the transaction, as well as delays, challenges and expenses associated with integrating the combined company's existing businesses; (6) negative effects of the Merger on the market price of Assertio's common stock, credit ratings and operating results; (7) legislative, regulatory and economic developments, including changing business conditions in the industries in which Assertio operates; (8) Assertio's ability to successfully pursue business development, strategic partnerships, and investment opportunities to build and grow for the future; (9) the commercial success and market acceptance of Assertio's products; (10) coverage of our products by payors and pharmacy benefit managers; (11) our ability to execute on our sales and marketing strategy, including developing relationships with customers, physicians, payors and other constituencies; (12) the entry of any generic products for any of our products; (13) the outcome of our opioid-related investigations, our opioid-related litigation brought by state and local governmental entities and private parties, and our insurance, antitrust and other litigation, and the costs and expenses associated therewith; (14) Assertio's estimates regarding expenses, future revenues, capital requirements and needs for additional financing; (15) Assertio's ability to generate sufficient cash flow from its business to make payments on its indebtedness, Assertio's ability to restructure or refinance its indebtedness and Assertio's compliance with the terms and conditions of the agreements governing its indebtedness; (16) compliance or non-compliance with legal and regulatory requirements related to the development or promotion of pharmaceutical products in the U.S.; (17) Assertio's plans to acquire, in-license or co-promote other products, and/or acquire companies; (18) Assertio's ability to raise additional capital, if necessary; (19) Assertio's ability to successfully develop and execute its sales and marketing strategies; (20) variations in revenues obtained from collaborative agreements; (21) Assertio's collaborative partners' compliance or non-compliance with obligations under its collaboration agreements; (22) the ability of Assertio's common stock to regain compliance with Nasdaq's minimum closing bid requirement of at least $1.00 per share; (23) the impact of Zyla's bankruptcy and acquisition of products from Iroko Pharmaceuticals; (24) obtaining and maintaining intellectual property protection for our products; (25) our ability to operate our business without infringing the intellectual property rights of others; (26) the outcome of any other litigation in which we are or may be involved; (27) the impact of disasters, acts of terrorism or global pandemics; (28) general market conditions; and other risks listed in Assertio's filings with the United States Securities and Exchange Commission ("SEC"). These risks are more fully described in the joint proxy statement/prospectus filed with the SEC in connection with the Merger and Assertio's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the SEC and in other filings Assertio makes with the SEC from time to time. While Assertio may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to update or revise any forward-looking-statements contained in this press release whether as a result of new information or future events, except as may be required by applicable law.
Investor and Media Contact:
Dan Peisert
Senior Vice President and Chief Financial Officer
dpeisert@assertiotx.com
1 Combined company pro forma results includes 2019 Cambia and Zipsor net product sales and 2019 Zyla net product sales, as if the transaction had occurred on January 1, 2019
Cision View original content to download multimedia:www.prnewswire.com/news-releases/assertio-completed-merger-with-zyla-life-sciences-301062631.html
SOURCE Assertio
Maybe that is why they held the stock down this merge is suck the way they exchange the shares.
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