Oct. 27 at 5:31 PM
$ETNB Equity Corporate Actions Alert # 2025 - 586
Information Regarding the Tender Offer of 89bio, Inc. (ETNB)
https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2025-586
The tender offer by
$RHHBY to acquire all of the outstanding common stock of 89bio, Inc. (ETNB) is scheduled to expire one minute after 11:59 p.m. ET, on October 29, 2025, unless extended or terminated. The subsequent merger is tentatively scheduled to close prior to the market open on October 30, 2025. In anticipation of the closing, the stock will be halted immediately following the after-hours session at or around 7:50 on October 29, 2025. If the merger closes as planned, the stock will remain halted on the day of closing (October 30th) and will be suspended effective October 31, 2025.
Tender offer: ETNB shareholders will receive
$14.50 and a non-transferable contingent value right (CVR) for each share held.