Aug. 21 at 7:33 PM
$FBRX Equity Corporate Actions Alert #2026 - 597
Information Regarding the Tender Offer of Forte Biosciences, Inc. (FBRX)
https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2026-597
The tender offer by argenx (ARGX) to acquire all of the outstanding common stock of Forte Biosciences, Inc. (FBRX) is scheduled to expire one minute after 11:59 p.m. ET, on August 26, 2026, unless extended or terminated. The subsequent merger is tentatively scheduled to close prior to the market open on August 27, 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 August 26, 2026. If the merger closes as planned, the stock will remain halted on the day of closing (August 27) and will be suspended effective August 28, 2026.
Merger consideration is
$77 per share.