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DewDiligence

01/17/23 11:22 AM

#245121 RE: swampboots #227958

SWAV acquires NVCN for $27.25 cash +CVR:

https://www.globenewswire.com/news-release/2023/01/17/2589887/0/en/Shockwave-Medical-Announces-Agreement-to-Acquire-Neovasc.html

Excluding the CVR, the buyout price is a 27% premium to Friday’s closing price. The nominal deal value (sans CVR) is $100M.