Assertio Holdings, Inc. (ASRT) Form 8-K — Jun 16, 2026
Assertio Holdings announced the completion of its merger with Zydus Worldwide DMCC, with Zydus acquiring all outstanding shares for $23.50 per share in cash. Following the tender offer where approximately 66.32% of shares were tendered, the merger was consummated on June 16, 2026, making Assertio a wholly owned subsidiary. As a result of the merger, the company requested that its shares be halted and delisted from the Nasdaq Capital Market effective immediately. The company intends to file a Form 15 to suspend its reporting obligations under the Securities Exchange Act.
Key figures
- Debt Amount
- 40000000
- Offering Price
- 23.5
- Shares Outstanding
- 6462180
- Shares Tendered
- 4286488
- Termination Fee
- 6263180
- Percent Tendered
- 66.32%
- Fundamental Change Cash Per Note Unit
- 382.58
AI analysis
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