May. 7 at 6:03 PM
$APLS Equity Corporate Actions Alert #2026 - 310
Information Regarding the Tender Offer of Apellis Pharmaceuticals, Inc. (APLS)
https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2026-310
The tender offer by Biogen Inc.
$BIIB to acquire all of the outstanding common stock of Apellis Pharmaceuticals, Inc.
$APLS is scheduled to expire at 11:59 p.m. ET, on May 13, 2026, unless extended or terminated. The subsequent merger is tentatively scheduled to close prior to the market open on May 14, 2026. In anticipation of the closing, the stock will be halted immediately following the after-hours session at or around 7:50 p.m. on May 13, 2026. If the merger closes as planned, the stock will remain halted on the day of closing (May 14th) and will be suspended effective May 15, 2026.
APLS shareholders will get
$41.00 per share plus a non-transferable contingent value right (CVR).