ALXA: effective 9:15 A.M. today, for every 1 share of ALXA that was not tendered, shareholders will receive a) $0.90 per share & b) 1 contractual contingent value right ("CVR") which represents the right to receive a pro-rata share of up to four payment categories in an aggregate maximum amount of $32.8 million if certain licensing payments and revenue milestones are achieved; see the company's SEC filings for additional details.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.