Vanda Pharmaceuticals rebuffs unsolicited proposals from Future Pak LLC, citing undervaluation. Offers up to $7.75 per share. Board asserts resilient business with FDA-approved products. Future Pak urged to reconsider terms for fair shareholder value.
Flora Growth Corp. has entered into a definitive agreement to acquire all of the issued and outstanding shares of Hamburg, Germany-based TruHC Pharma GmbH. The company's latest move to further cement its global footprint comes on the heels of a new German cannabis law that went into effect on April 1, which partially legalized cannabis. The new law allows adults over 18 in Germany to legally possess up to 25 grams of dried cannabis and cultivate up to three marijuana plants at home.As previously announced, Flora agreed to purchase TruHC Pharma GmbH in an all-stock deal in exchange for 2,770,562 of its common shares, valued at $6.4 million.
Custom Truck One Source, Inc. (NYSE:CTOS) proudly announces its acquisition of the business of A&D Maintenance and Repair. Founded in 1986, A&D Maintenance is a family-owned, full-service repair facility located
McEwen Mining acquires Timberline Resources for $18.8 million in a stock-for-stock transaction, driven by increased gold prices and operational synergies.
Nature's Miracle Holding Inc. (NASDAQ: NMHI) has entered into a term sheet to acquire 100% of all the outstanding shares of Agrify Corporation (NASDAQ: AGFY).The California-based integrated agriculture technology company that provides equipment and services to the controlled environment agriculture industry said on Wednesday that it would issue shares of its common stock to acquire Agrify.Agrify's equity is valued at $6.35 million, or $0.4185 per share.The deal is expected to bring a meaningful revenue stream for Nature's Miracle through Agrify's powerful SaaS and AI technology.
Shares of Agrify Corporation surge following the announcement of its acquisition by Nature's Miracle Holding Inc. The proposed deal, set to exchange 0.45 shares of Nature's Miracle for each Agrify share, positions Agrify's SaaS and AI technology as a lucrative revenue stream for Nature's Miracle, while Agrify gains access to cutting-edge horticultural lighting technologies.
iLearningEngines, Inc. (("iLearningEngines", "iLE", or "the Company", NASDAQ:AILE), a leader in AI-powered learning automation and information intelligence for corporate and educational use, is pleased to announce that
Board Determined Unsolicited Takeover Proposals Significantly Undervalue the CompanyNo Shareholder Action Required at This Time WASHINGTON, April 17, 2024 /PRNewswire/ -- Vanda Pharmaceuticals Inc. ("Vanda" or the