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DewDiligence

07/12/22 11:21 PM

#243185 RE: DewDiligence #243184

p.s. Gene-therapy stocks have been huge losers over the past several years.
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DewDiligence

07/13/22 9:59 AM

#243187 RE: DewDiligence #243184

AGTC -53% (eom).
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DewDiligence

10/24/22 11:17 AM

#244269 RE: DewDiligence #243184

SYNC.L acquires AGTC for $0.34/sh cash—a 42% premium to Friday’s close:

https://www.globenewswire.com/news-release/2022/10/24/2539624/30580/en/Syncona-to-Acquire-Applied-Genetic-Technologies-Corporation.html

The buyout price of $0.34 is down 97%(!) from AGTC’s $12.00 IPO in 2014 (#msg-99596008).

The buyout includes a CVR worth up to $50M; excluding the CVR, the nominal deal value is $23.5M.