Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,123.66
(
-0.21%
)
US TECH 100
26,355.40
(
0.20%
)
Dow Jones
48,841.05
(
-0.61%
)
Brent Oil
110.43
(
5.77%
)
Bitcoin
76,060.97
(
-0.37%
)
News Focus
News Focus
Post# of 257465
Next 10
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 843
Posts 122904
Boards Moderated 9
Alias Born 09/05/2002

DewDiligence

Member Level

Re: DewDiligence post# 253507

Monday, 07/14/2025 1:07:03 PM

Monday, July 14, 2025 1:07:03 PM

Post# of 257465
EPIX acquires by private co for ~$1.91/sh +CVR—a 12% premium to Friday’s close (excluding the CVR):

https://www.prnewswire.com/news-releases/essa-pharma-inc-announces-definitive-agreement-to-be-acquired-by-xenotherapeutics-inc-backed-by-xoma-royalty-corporation-in-all-cash-transaction-302504214.html

The nominal deal value is $85M. EPIX has effectively been a shell company since its clinical failure in Nov 2024 (#msg-175318638).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today